Should You Invest in Nvidia Stock Right Now?
Share prices of Nvidia (NASDAQ: NVDA) are up 140% year to date, and that's on top of a staggering 750% gain over the last three years. The graphics specialist has transformed from being a GPU provider for PC gamers to more of a systems provider for high-performance computing and artificial intelligence services.
Buying hot tech stocks like Nvidia can be tricky. On one hand, Nvidia has clear opportunities to grow revenue and expand margins over the long term. But you don't want to buy at the top only to see the stock collapse if the company's performance doesn't live up to the high expectations embedded in the stock's valuation.
Here are the most important factors to consider before deciding to buy Nvidia at these highs.
Source Fool.com