Is Nvidia Still The Best Stock In The Market Now?

In my August 2023 article, I confidently declared Nvidia the best stock in the market, supported by its remarkable performance and strong valuation. Since then, the stock has surged 61.33%, significantly outpacing the S&P 500’s 12.91% gain, and after another outstanding earnings report, I now project a five-year target price of $1,563.43, offering nearly 98% upside potential. Nvidia’s exceptional earnings growth and momentum continue to make it a top holding in my portfolios, reinforcing its status as a strong buy.