| Investors are buying up Nvidia (NVDA) like it's their favorite pair of shoes about to be discontinued. When we checked in on the chip stock just over a week ago, shares were trading around 285, a 20% boost from when we first named it a Derby City Daily favorite in February. I thought that was an impressive run… until I watched NVDA push past 318 last Thursday. That's some jaw-dropping price action. The stock had already doubled since the start of the year. Followed by this added 12% jump in a matter of days… It's a surge that's pushed NVDA up close to its November 2021 all-time highs. No doubt about it: This has been a hot run for Nvidia. But I wondered: Is it justified? There's a good reason Landon named Nvidia his favorite stock pick of 2023. Several good reasons, in fact.
Nvidia is an “OG” of the tech industry: It's credited with inventing the GPU way back in 1999. (GPU stands for graphics processing unit, the specialized part of your computer that makes video games, streaming, and any other graphics effects go.) Since its dot-com days, Nvidia has become a beacon of innovation in the gaming industry — and gone on to make some of the world's most advanced computer chips and graphics cards… The latest of which are powered by artificial intelligence (AI). You're starting to see the “trigger” for the hype that's been powering Nvidia shares skyward: Investors believe Nvidia can gorge itself with AI profits. If you've been following Derby City Daily, you know our social media machine has been logging record acceleration in AI chatter. As of today, AI mentions are up 482% year-over-year. And we see no signs that this “AI ardor” will slow down anytime soon. 
Nvidia's AI tech is permeating some of today's coolest — and most impactful — scientific breakthroughs. Remember those awe-inspiring images from the James Webb Space Telescope? Made possible by a supercomputer with deep learning capabilities — powered by Nvidia.
Or those Stanford researchers, who diagnosed a patient in critical care in just five hours and two minutes to take home the Guinness World Record? That was thanks to rapid DNA sequencing… made possible by Nvidia's computing tech. We're digging Nvidia's potential as much as everyone else. We've featured this stock in Derby City Daily several times as a potentially hefty upside play. Before that, in January, we recommended it to MegaTrends subscribers as an “oversold, high-value” stock ready to soar. Whether there's an opportunity here isn't the question. The real questions are: Is Nvidia worth its current 770-billion-dollar market value? Or its eye-popping price/earnings ratio of 177.54? (Versus Apple's P/E of less than 30?) And — if you don't grab Nvidia's shares right here and right now — will you miss out on the AI opportunity of a lifetime? Those are the answers I wanted to give our friends over at the TD Ameritrade network. And those are the answers you'll get here today. The conversation couldn't be timelier: Nvidia's first-quarter earnings report is slated for release tomorrow. And that means this eight-minute segment has “must-watch” status: 
Click here to watch now | 
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