Nvidia Stock: Is It Still a Good Buy at $230?
The company is coming off yet another terrific quarterly earnings report.
Overview
Nvidia (NASDAQ:NVDA)'s stock is having another terrific year in 2026, rising by around 24% thus far. Although it was initially off to a poor start, it's beating the market yet again, as the S&P 500 has risen by a more modest rate of 13%.
The tech giant has been leading the artificial intelligence (AI) revolution with its cutting-edge chips, and its recent quarterly results showcased just how strong demand remains, with its growth rate accelerating from the previous quarter.
Details
Currently, the AI stock is trading around $230 as it approaches a new all-time high. Is it still a good buy at its current levels?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.