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Nvidia's market value is up 195% over 11 months. Is it still a good time to invest?

investing ideas :: 2024-11-22 :: source - yahoo finance

By Catherine Brock

Nvidia (NVDA) stock opened the year at about $50 per share (on a split-adjusted basis). As of late November 2024, the AI hardware giant stock's price had eclipsed $145 — that growth equates to a year-to-date market value increase of almost 195%.

When one of the world's largest companies nearly triples in value over 11 months, investors take notice. You might naturally wonder if Nvidia will keep growing and, if so, whether you can benefit.

To help you decide if you should invest in Nvidia, let's review key factors from the company's last earnings release and the questions you should consider before placing a buy order.

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