In this video, I will talk about Nvidia's (NASDAQ: NVDA) third-quarter earnings, explain why we have seen its stock soar close to 240% this year, and talk about the dangers ahead. The markets are forward-looking, but even for a great business like Nvidia, valuation matters. Or does it?

*Stock prices used were from the trading day of Nov. 21, 2023. The video was published on Nov. 21, 2023.

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Source Fool.com