Think Nvidia Is Still Expensive? This Chart Might Change Your Mind.

The recent market turmoil can make any investor nervous. Volatility can be scary as you see the value of your portfolio slump along with the market. For those who remain calm and stay focused on the underlying businesses, it can mean opportunity.Some stocks have risen to nosebleed levels over the past two years in the bull market. Nvidia (NASDAQ: NVDA) has been a favorite name, but many investors may have felt they missed the boat as the stock soared. Even with the recent market correction, shares have risen over 400% in the last three years. While some may still view the artificial intelligence (AI) leader as expensive, there is good evidence that now is a great time to buy Nvidia stock.Regardless of whether a trade war accelerates or if tariffs raise prices and slow economic growth, Nvidia's business has some built-in insulation. Its AI GPU chips, software stacks, and related architecture are in high demand and should be for a long time to come. The company is also very well positioned for the advancement of robotics and driver assistance technology.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool