Is It Too Late to Buy Nvidia Stock?

Despite being the world's largest company by market cap at $5.1 trillion, Nvidia continues to demonstrate strong growth potential. Over the past five years, Nvidia's revenue grew 1,150% and net income soared 2,250%, while its stock price rose only 821%, suggesting the company's valuation is now cheaper relative to its earnings. With a trailing P/E ratio of 26.7 at a five-year low, Nvidia appears undervalued compared to Apple's P/E of 38.2, making it an attractive long-term investment despite concerns about AI spending sustainability.