From Nasdaq.:



Nvidia’s stock has risen 235% this year due to increased demand for artificial intelligence applications. The AI market is expected to grow at a compound annual rate of 37% until at least 2030, which presents growth opportunities for Nvidia. Despite upcoming competition from other chipmakers, Nvidia is well-positioned to maintain its dominance. Additionally, Nvidia’s free cash flow has significantly increased, and its revenue and operating income have soared. The company’s potential for further growth makes it an attractive investment option. The article suggests that new investors could more than double their money over the next two years by investing in Nvidia, making it a compelling buy. It also provides information about The Motley Fool Stock Advisor’s 10 best stocks, with Nvidia not being included in the list. The article concludes with a disclaimer that the views and opinions expressed are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Original: Is Nvidia Stock a Buy?