Could Buying Nvidia Stock Today Set You Up For Life?

Nvidia (NASDAQ: NVDA) is an example of the life-changing potential of stock market investing. If you'd bought $10,000 worth of the stock 10 years ago, you would have an eyewatering $2,947,300 today -- a return of over 29,000%. The company created so much wealth that many of its employees (often compensated with stock options) are multi-millionaires.But new investors looking at these tremendous returns will understandably be a little nervous about arriving at the party too late. After all, no one wants to be left holding the bag. Let's explore the pros and cons of Nvidia's stock to decide whether this legendary chipmaker can still set you up for life.Nvidia's third-quarter earnings were another slam-dunk. Revenue jumped 94% year over year to $35.1 billion, driven by strength in its data center segment, where it sells advanced graphics processing units (GPUs) for running and training artificial intelligence (AI) algorithms. The company commands an incredible gross margin of almost 75% (which suggests its economic moat is strong).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool