Nvidia Stock Soars to Start 2025. Is It Too Late to Buy the Growth Stock?

As if its 171% gain in 2024 wasn't enough, shares of Nvidia (NASDAQ: NVDA) were already up about 9% by market close on Jan. 6. This was almost eight percentage points more than the S&P 500's year-to-date returns. Such staggering momentum probably has many investors wondering how long the stock can keep rising so rapidly. While there's no certain way to know how high the graphics processing unit (GPU) specialist's stock will go in the coming months, this doesn't stop investors from taking a moment to consider whether the stock looks attractive at its current level. After all, for investors who are considering buying and holding the stock for the long term, the short-term moves in the stock price are largely irrelevant.So, is Nvidia stock a buy at its current level? Or is the stock's current valuation already pricing in expected business growth?One thing is clear: Nvidia's business is firing on all cylinders. Revenue in its most recently reported quarter soared 94% year over year and 17% sequentially to $35.1 billion. This was driven primarily by 112% year-over-year growth in data center revenue, 88% of the quarter's total revenue. Data center revenue, of course, has been benefiting from the seemingly unstoppable demand for computing power to support artificial intelligence (AI) technology.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool