Nvidia Could Be the First Company to Reach $8.5 Trillion. Should You Buy NVDA Stock Here?

After breaching the once believed to be mythical threshold of a $5 trillion market cap, Nvidia (NVDA) is now looking ahead to march towards the next milestone of $8.5 trillion. Although the recent bout of profit booking has pushed the chip major's market cap to below $5 trillion again, there is some gap for Apple (AAPL) to cover to become the most valuable company in the world, as Nvidia's share price performance has once more outperformed the S&P 500 ($SPX) with a 49% uptick on a year-to-date (YTD) basis. ...