Seismic gains in Nvidia’s share price over the past two years have propelled it from mid-cap mundanity to one of the most valuable companies in the world, becoming a stock market sensation along the way.
The stock is up around 513% in the two years to 12 February, but the share price has fallen recently. Is now a good time to buy Nvidia’s shares, especially with a crucial earnings release approaching?
Nvidia (NASDAQ:NVDA) was the top stock bought on Interactive Investor’s platform in January, despite falling around 13% during the month as artificial intelligence (AI) start-up DeepSeek’s sudden appearance threatened to shake up the dominant position that Nvidia and the other Magnificent Seven stocks had established for themselves.
