Nvidia ( NVDA 1.80%) remains one of the best artificial intelligence (AI) stocks on the market. But with the chipmaker now trading at a price-to-sales multiple of 26.4, many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced.

Looking at NVIDIA's stock chart, you'll notice a consistent upward trajectory over the past few years, punctuated by occasional corrections. This suggests a strong bullish trend in the stock. 2.

I have asked around my circles and can't seem to get a straight answer on why Nvidia's (NVDA) stock looks so cheaply valued on a price-to-earnings multiple basis. So, I am coming to you for ...

Nvidia had revenue of $35.1 billion in the quarter, representing a 94% year-over-year surge and a 492% increase from its third quarter two years ago.

Even with the stock's resounding three-year gain, its valuation has decreased when looking at price-to-free cash flow (P/FCF) and P/E ratios. That makes sense with sales exploding thanks to unprecedented demand for its GPU chips and other products supporting artificial intelligence (AI) infrastructure.

NVIDIA; has been in the headlines following its last earnings report. Dave Bartosiak will break down the stock's chart to see if the opportunity to buy is still there.

However, one chart shows Nvidia isn't as expensive as you might think. Data by YCharts. ... Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $359,936!*

Nvidia had revenue of $35.1 billion in the quarter, representing a 94% year-over-year surge and a 492% increase from its third quarter two ... CHART: How Nvidia's revenue has exploded in recent years.

We are having a live Nvidia earnings special on Feb. 26 starting at 4 p.m. ET running right through 6 p.m. ET. The next day, I will have a live episode of my Opening Bid podcast at 8:30 a.m. ET ...