Avoid Nvidia Corporation (NVDA) Stock Despite Strong Business Momentum

Nvidia Corporation (NASDAQ:NVDA) is perhaps one of the greatest companies in the stock market. Now focusing on datacenter, machine learning, self-driving cars and other high-growth industries, NVDA stock is set up in front of long-term tailwinds. Gross margins of 59.4% were higher by 190 basis points year-over-year (YoY).