Nvidia (NASDAQ: NVDA) stock posted significant gains in Wednesday's trading following bullish artificial intelligence (AI) news. The company's share price closed out the day up 4.4% amid the backdrop of a 0.

Now that it's the world's most valuable company, some investors might believe the time to buy Nvidia has already passed, but these developments show that's not the case. Furthermore, the stock is currently selling for just 32 times next year's expected sales, a remarkably attractive price for a company with so much opportunity.

Nvidia is once again the most valuable U.S. company, outranking Apple for the first time since late November. A rise in the chip maker's stock meant it ended Tuesday with a market capitalization of $3.

Missed Nvidia stock’s blazing growth? Discover Paylocity (NASDAQ:PCTY) and another AI growth stock poised for long-term gains The post Missed Out on Nvidia? My Best AI Stocks to Buy and Hold appeared first on The Motley Fool Canada.

Nvidia (NASDAQ: NVDA) hasn't been on sale much during the last few years. Nvidia has been one of the largest beneficiaries of the artificial intelligence (AI) competition. Its graphics processing units (GPUs) are best-in-class products and crucial to creating these powerful AI models.

Nvidia Corporation's $3.3T market cap reflects its dominance in AI, robotics, and cloud computing. Read why I think NVDA stock is a buy.

The incredible rise of Nvidia (NASDAQ:NVDA) has been one of the biggest stories of the past two years. Dominating the AI hierarchy, NVDA holds a

January 21, 2025. More for You