The stock of graphics card manufacturing giant NVIDIA Corporation (NASDAQ:NVDA) has been on a rollercoaster ride over the past few months. In September last year, NVDA stock was trading at $280, but then it declined considerably before recovering to hit $190. However, the stock fell yet again in May and traded at $162 due to a range of factors.
In such a situation, it is important to consider whether Nvidia is a stock worth investing in. It has a market cap of $96.50 billion, and many analysts are making bullish sounds about the stock.
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