Should You Buy Nvidia (NVDA) Stock Before Aug. 27? Here's What History Says.

With the emergence of artificial intelligence (AI) into the mainstream, driven by the popularity of generative AI tools like ChatGPT, numerous tech companies -- as well as those from any industry that utilizes AI -- have seen their valuations skyrocket.No stock has benefited more from recent AI developments than Nvidia (NASDAQ: NVDA), which is up over 900% in just the past three years and is the world's most valuable public company with a market capitalization of over $4.2 trillion. For perspective, the S&P 500 is "only" up around 60% in that span.On Aug. 27, Nvidia is set to report its fiscal second-quarter earnings. Only time will tell what those earnings reveal, but it's natural for investors to wonder if they should buy Nvidia's stock before the earnings to potentially take advantage of a post-earnings stock price boost.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool