Is Nvidia Stock Still a Good Buy at $220?

It may seem ludicrous: the idea that a company with a $5.3 trillion valuation and the largest market cap of any publicly traded company might still be a cheap buy when factoring in its growth potential. But that's precisely the bull case for chipmaking giant Nvidia (NASDAQ: NVDA).While it has a sky-high market cap, it's backed by strong financials. The company has been a profit-generating beast over the years, so its valuation relative to earnings isn't outlandish. Some analysts and investors even argue that it may be a bargain.Is that really the case, and is tech stock a good buy, even at its elevated levels?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool