When the curtain closed on 2024, investors were all smiles. The mature stock-driven Dow Jones Industrial Average, benchmark S&P 500, and growth-fueled Nasdaq Composite ended last year higher by 13%, 23%, and 29%, respectively.

Strength in data center GPUs, networking, services, and emerging products fortify Nvidia’s competitive ‘moat.’

Nvidia still has the stock-boosting power, but its strength may be waning as some investors wonder how long it will last.

But with the company now among the most valuable in the world and amassing such incredible gains, is it too late to invest in Nvidia? Can this still be an exceptional long-term investment, one that could potentially turn a $25,000 investment into more than $1 million over the long haul?

It’s hard to imagine any of Nvidia’s rivals being able to replicate the company’s magic 2024. In the third quarter of 2024, Nvidia reported revenue of $35.1 billion, marking

Nvidia (NVDA) is a technology company that focuses on designing and developing graphics processing units (GPUs) for high-performance computing. It also develops application programming interfaces (APIs) and is the market leader in artificial intelligence (AI) hardware and software.