We recently compiled a list of the 10 Best NASDAQ Stocks To Invest In Right Now. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other NASDAQ stocks.

On Wall Street, however, the enthusiasm for Nvidia remains strong. The stock boasts 39 Buy ratings and just 3 Holds, making it a consensus Strong Buy. With an average 12-month price target of $152.44, NVDA is expected to deliver ~23% from current levels. (See NVDA stock forecast)

Nvidia has been an AI juggernaut for the past couple of years as it challenges for the title of the world’s most valuable corporation.

The stock still has millionaire-maker potential, but long-term investors might want to wait for the current hype cycle to fade before betting on the chipmaker's next big break. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg,

If you'd invested $10,000 in the stock five years ago, today your investment would be worth more than $256,000. Along with a collection of other solid companies, you might have seen your portfolio reach $1 million in value. So, a good company may not do the complete job, but it could offer you a significant boost to make it to your goal.

While the stock has gained nearly 750% since the beginning of last year, it has charted a somewhat rocky course over the past few months. But Nvidia looks on track to keep growing sales of its high-end graphics processing units (GPUs) and remain the industry's dominant supplier.