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Nvidia Stock: Time to Take Some Profits Off the Table?

Nvidia Stock: Time to Take Some Profits Off the Table?

With graphics chip-maker Nvidia's (NASDAQ: NVDA) stock more than doubling year to date, has the stock gotten to the point that it is grossly overvalued? To gauge whether or not NVIDIA shareholders should take some profits off the table today, let's take a look at two things: the overall market and NVIDIA stock specifically. Signs of underlying froth in tech could pose a risk to Nvidia's stock price performance over the long haul.