Meet the Newest Stock-Split AI Stock in the Dow Jones. It Soared 925% in 2 Years, and Wall Street Says It's Still a Buy

Group 1 - Nvidia has experienced a significant share price increase of 910% over the last two years, making it the best-performing stock in the S&P 500 [1] - Nvidia will join the Dow Jones Industrial Average on November 8, as it meets criteria such as having an excellent reputation and sustained earnings growth [2] - Wall Street remains bullish on Nvidia, with 92% of analysts rating the stock a buy and a median price target of $150 per share, indicating an 11% upside from the current price of $135 [3] Group 2 - Nvidia dominates the data center GPU market, holding over 80% revenue share in AI accelerators, which are better suited for AI workloads compared to CPUs [4] - Analysts expect Nvidia to maintain its market share for at least two to three years, largely due to its CUDA ecosystem that supports various AI applications [5] - Nvidia is also a leader in AI networking gear and has introduced its first data center server CPU, allowing for more integrated and cost-effective AI systems [6] Group 3 - Nvidia's competitive advantage is reinforced by its hardware and software capabilities, as well as its established ecosystem, according to Goldman Sachs [7] - The upcoming launch of the Blackwell GPU is expected to significantly enhance AI training and inference speeds, with strong demand already leading to a 12-month sellout [7] - The AI infrastructure buildout is projected to benefit Nvidia, with AI accelerator sales expected to grow at 29% annually through 2030 and AI networking sales at 33% annually through 2032 [8] Group 4 - Wall Street anticipates Nvidia's earnings to grow at 35% annually over the next three years, making its current valuation of 63 times earnings appear reasonable [9] - The PEG ratio of 1.8 indicates a material discount compared to the three-year average of 3, suggesting a favorable investment opportunity [9]