Nvidia Stock: The Road To $200

Could Nvidia stock reach $200 in the next two years? We think there is a possibility.

How? Consider this, just about nine months ago, at the end of December 2023, Nvidia stock was trading at around $50 levels. This year the stock has grown over 2x since and trades at close to $116 presently. Looking at valuations, Nvidia stock trades at about 95x trailing earnings. Is this pricey? Not really.

Especially if you consider the company’s stea…