Nvidia Stock Is Nearly Flat for 2026. Time to Cash Out, or Load Up on Shares?

Despite Nvidia's stock being up only 5% in 2026 compared to its stellar performance in prior years, analyst Keithen Drury argues the stock remains an excellent buy. Trading at 21.7x forward earnings (in line with the S&P 500), Nvidia appears undervalued given Wall Street's projections of 82% revenue growth this year and 41% next year, driven by massive AI data center spending expected to reach $1 trillion. The analyst believes next year's growth hasn't been priced in, positioning the stock for strong returns in the second half of 2026.