Should You Buy Nvidia Before Dec. 3?

Nvidia (NASDAQ: NVDA) stock has roared higher in recent years -- and it's continued with that momentum this year, as it's heading for a gain of more than 185%. There's good reason for this top performance. The company has become the leader in a key product to serve a market that may be worth $1 trillion by the end of the decade. I'm talking about chips for the artificial intelligence (AI) market.But Nvidia hasn't stopped with chips. Instead, the company has built an entire portfolio of AI products and services -- from networking elements to an enterprise software system. Nvidia has become the "go to" company for AI and counts the world's top tech companies as its customers. All of this has led to triple-digit revenue growth for its data center business and high profitability -- with gross margin greater than 70% -- on those sales.This strength along with the growth forecast for the entire AI market make Nvidia a great long-term stock to own. If you haven't yet gotten in on this story, though, you may be wondering about when to make the move. After all, if you buy before an upcoming catalyst, you could benefit from an immediate boost. And that next catalyst might be on Dec. 3. Should you buy Nvidia before then? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool