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Nvidia stock is up over 200% year to date and with another double beat and raise, investors could expect more of the same.
In this video, I will talk about Nvidia's (NVDA -1.12%) second-quarter earnings and explain why we have seen its stock soar close to 240% this year with after-hours action. The markets are forward-looking, but even for a great business like Nvidia, valuation matters. Or does it?
*Stock prices used were from the trading day of Aug. 23, 2023. The video was published on Aug. 23, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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