It has been 26 years since Nvidia has gone public. The stock has crashed in four of these years. So it's certainly possible ...
Its stock price soared as the market became enthused by consistent triple-digit revenue gains that led to triple-digit net income gains. That led to a 171% increase in Nvidia's stock price in 2024.
One chart encapsulates why mega-cap ... especially for Nvidia, which has seen its trailing 12-month net income soar from about $6 billion before the AI boom to more than $60 billion today.