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Should You Buy NVIDIA Stock Right Now?


NVIDIA (NASDAQ: NVDA) stock has been a dynamo over the course of the past year, gaining nearly 140%. Shares of the graphics processing unit (GPU) pioneer set fresh all-time highs prior to the COVID-19 pandemic. The company got an additional boost as gamers forced into exile at home turned to their favorite pastime. This sent the stock rocketing even higher, gaining an incredible 1,600% over the past five years.

This has many investors wondering if the train has already left the station or if NVIDIA still has room to run. Let's take a look at what has been driving the stock in an attempt to answer the key investing question: Should you buy NVIDIA stock right now?

Image source: NVIDIA.

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Source Fool.com

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