Reported 2 days ago
In 2024, Nvidia became the top-performing stock on Wall Street, gaining approximately $2.1 trillion in market capitalization due to its leadership in the AI sector, particularly through its powerful graphics processing units (GPUs). Analysts are optimistic about further growth, predicting that Nvidia could join the $4 trillion club by 2025, as the company continues to innovate and invest heavily in AI infrastructure. Despite its high valuation metrics, Nvidia's earnings growth may justify its current stock price, making it an appealing option for investors.
Source: YAHOO