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Is It Too Late to Buy Nvidia Stock?

Is It Too Late to Buy Nvidia Stock?

Nvidia (NASDAQ: NVDA) may be down 22% from its 52-week high, but shares of the semiconductor stock have doubled over the past year. In contrast, the S&P 500 is up a measly 109% in the past five years, meaning had someone invested $10,000 in Nvidia shares back then, they would be sitting on well over $100,000 today versus a $20,000 or so gain in the index. Is it too late to buy Nvidia stock now?