It’s undeniable that NVIDIA (NVDA) is the hottest stock out there right now.
In just five years, it’s soared nearly 2,000%. That’s over 80% annualized (!), including both the pandemic and the 2022 selloff. Most of those gains have come in the last year and a half, thanks to the AI boom.
And NVIDIA is perfectly positioned to profit from that boom, with demand for the company’s computer chips so high that it has to pick and choose buyers (NVIDIA has said it’s trying to sell the chips “fairly,” since demand has far outstripped its capacity to make them).… Read more
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