Nvidia's Sky-High Stock Raises Concerns

Nvidia Corp.'s incredible runup in 2023 has sparked worries among even optimistic investors about the future potential of its shares. With a staggering nearly 550% gain in the past year, concerns have mounted regarding the sustainability of such a remarkable surge. Although Nvidia's profit and revenue growth are substantial, the unprecedented rally is often associated with capturing years of profit growth that are yet to materialize. Moreover, the stock's market dominance is evidenced by an astounding $2 trillion increase in value over the past 15 months.