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

Artificial intelligence (AI) is rapidly transforming the global economy. The technology's ability to automate complex workflows and deliver predictive insight has ushered in a new era of business efficiency while amplifying human creativity. Perhaps no other company has played a bigger role in the AI revolution than Nvidia (NASDAQ: NVDA). The chip giant's accelerated computing GPUs are now recognized as the backbone of AI infrastructure, powering the most innovative applications.Through that success, shareholders have been rewarded handsomely, with Nvidia stock returning a whopping 1,604% in the past five years. Some investors, seeing that performance, may assume the stock is now too expensive or overvalued. That thinking risks overlooking the big picture, which is Nvidia's massive growth and earnings momentum.Considering those fundamental tailwinds, Nvidia stock may still be attractively priced. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool