Time to buy Nvidia NVDA stock? Fund managers weigh in

Nvidia's stock has seen a significant rise, with a 240% increase in 2023, and despite a flat performance last week, it remains up nearly 80% year to date. Analysts largely remain positive, with 52 out of 59 giving it a buy or overweight rating. However, the sharp increase raises questions about whether it is still a good time to buy. Trent Masters from Alphinity Investment Management recommends buying, citing strong earnings growth and market share, while Adam Coons from Winthrop Investment Management advises caution, suggesting the stock may have risen too quickly and could face valuation adjustments.