1. Nvidia (NASDAQ: NVDA) has seen a remarkable 1,500% increase in shares over the past five years, with a 20% increase in the last 12 months, making it a hot stock on the market.
2. The artificial intelligence (AI) market is projected to grow to nearly $5 trillion by 2033, with Nvidia’s sales expected to increase by more than 50% this year.
3. Nvidia has gained over 90% of the AI GPU market share, leading to industry-leading gross margins and a competitive advantage that could persist for years.
4. Despite trading at high multiples, Nvidia’s potential for strong sales growth and profitability make it an attractive long-term investment option for patient investors.
5. While Nvidia may seem expensive upfront, its forward earnings and potential for sustained growth could make it a valuable investment opportunity for long-term investors.
6. The Motley Fool Stock Advisor team has identified 10 best stocks to buy now, with Nvidia not being one of them, offering investors a chance for significant returns in the future.

Read more at Nasdaq: Nvidia Stock Is Way Cheaper Than You Think. Here’s 1 Reason Why.