Is Nvidia Still The Best Stock In The Market Now?


  • Nvidia Corporation stock has increased by 61.33% since my previous article in August, outperforming the S&P 500.
  • I own Nvidia stock in three out of five portfolios and highlight its dividend history and total return.
  • Nvidia has delivered strong earnings growth and outperformed the S&P 500, earning an A+ performance grade. Valuation is high, but future expectations suggest further upside.

Powerful AI processor on futuristic PCB. A Look into the Future. Futuristic AI icon processing data. Glowing data transfer flowing from the inside. 3D render


My last article on Nvidia Corporation (NASDAQ:NVDA) published 8/29/24 was titled “Nvidia Remains The Best Stock in The Market Now.” That was a bold statement, but I made it with strong conviction. At the time, the performance and valuation numbers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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