Nvidia Stock: Is Trouble on the Horizon?
Nvidia (NASDAQ: NVDA) has become a hot stock with investors who have sent its shares soaring 80% since the start of the year. Perhaps the company's long track record of stellar investment returns or its potential role in the growth of artificial intelligence has motivated buyers.
But the market often overdoes things. Nvidia's operating numbers may struggle to support the share price over the coming quarters. A closer look at the company shows some warning signs of potential trouble.
Here is why investors should resist the FOMO and rethink putting new money into Nvidia today.
Source Fool.com