1 Incredible Reason to Buy Nvidia Stock (NVDA) in November -- or Sooner

Group 1: Stock Performance - Nvidia's stock has increased by 25,226% over the past decade, averaging annual gains of 74%, turning a $10,000 investment into over $2.5 million [1][2] - Over the last three years, the stock has averaged gains of 144% annually and is up more than 35% year to date [2] Group 2: Valuation Metrics - Nvidia's recent forward-looking price-to-earnings (P/E) ratio is 25.6, significantly below its five-year average of 38.6, indicating potential undervaluation [3] - The price-to-sales ratio stands at 27, which is above its five-year average [3] Group 3: Revenue and Market Position - Nvidia's data center revenue surged by 56% year over year to $41.1 billion, constituting over 88% of total revenue [5] - CEO Jensen Huang projects that spending on AI infrastructure will rise to between $3 trillion and $4 trillion by the end of the decade, up from around $600 billion in 2025 [7] Group 4: Competitive Landscape - Nvidia faces competition from companies like Advanced Micro Devices and Broadcom, and some tech firms are developing their own chips and software [8] - Despite potential threats from geopolitical factors and competition, Nvidia is expected to continue growing through its data center offerings and other products [9]