Nvidia: Still Looks Inexpensive Despite Racing To The Top

Summary:

• NVIDIA’s stock has surged dramatically, with a 29,473.10% increase over the past decade and 190% in the past year, driven by strong earnings and CapEx spending.
• Despite increased competition, NVDA’s profitability and margins have expanded significantly, with a potential to become the first $5 trillion company.
• NVDA’s Q3 earnings were exceptional, with revenue and EPS growth driven by robust data center business and ongoing CapEx from tech giants.
• I am continuously adding to my NVDA position, believing it is undervalued given its projected EPS growth and strong future outlook.

NVIDIA Corporation (NASDAQ:NVDA) has been on one of the craziest bull runs the market has ever seen. Over the past decade, shares of NVDA have appreciated by 29,473.10%. In the past year, shares of NVDA have gained

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