The stock is trading at a record high but might still be cheap based on its potential future earnings. It will release its latest quarterly financial results on Nov. 20, and the company's own revenue forecast might be too conservative.

Nvidia Corp. may be the top dog on Wall Street in terms of market value, but in the eyes of the 128-year-old Dow Jones Industrial Average, its stock is ranked well below average.

Also know that, unlike the S&P 500 or the Nasdaq Composite, the Dow is weighted by price rather than by market cap. Although Nvidia has an outsized influence on the movements of the cap-weighted benchmarks, at current prices NVDA stock will be as important to the DJIA as, roughly, 3M ( MMM ).

Our writer takes a look at Wall Street's latest price targets for Nvidia stock, as well as the third-quarter earnings forecast. The post Will Nvidia stock keep soaring? Here’s what the experts say appeared first on The Motley Fool UK.

World’s most valuable company Overtakes Apple Most popular stock of 2024 As Nvidia’s stock market value hit $3.65 trillion on Thursday to make it the world’s most valuable company, so shares are in hot demand among retail investors in the Gulf.