Is Nvidia Stock Still a Buy After It Just Popped Again?
Nvidia's (NASDAQ: NVDA) latest earnings report was arguably the most highly anticipated of this earnings season. And the company didn't disappoint the lofty expectations. Revenue soared 262% compared to the prior-year period, with the data center segment once again leading the way.
Sales of $26 billion in the fiscal 2025 first quarter (ended April 28) marked the fourth straight period in which the company beat its own revenue guidance by at least $2 billion. And Nvidia sees sales growing to about $28 billion in the second quarter of fiscal 2025.
Not surprisingly, the stock has also jumped in a big way. Nvidia shares are up by more than 90% year to date and have more than tripled in the last 12 months. But that doesn't mean it's too late for investors to buy the stock.
Source Fool.com
