Nvidia (NASDAQ: NVDA) decided to split its stock in June 2024. It went for a 10-for-1 split, and the market was very positive about the announcement. NVDA surged 7% the day after at the opening bell.

Because Nvidia's shares have risen over the last few days, the magic amount is even lower now. In my backward-looking exercise, I also examined what signs might have pointed to Nvidia's potential for massive gains.

Now that it's the world's most valuable company, some investors might believe the time to buy Nvidia has already passed, but these developments show that's not the case. Furthermore, the stock is currently selling for just 32 times next year's expected sales, a remarkably attractive price for a company with so much opportunity.

What To Know: Texas Instruments expects 2025 fiscal-year first-quarter revenue between $3.74 billion and $4.06 billion, versus analysts estimate of $4.15 billion. The company also anticipates earnings per share in the range of $0.94 to $1.16, below the $1.37 consensus estimate.

It has been 26 years since Nvidia has gone public. The stock has crashed in four of these years. So it's certainly possible that Nvidia's stock price will reverse and turn south in 2025. In fact, I think 2025 is a year that is more likely than most of a drop in stock price. Here's why.

Nvidia is once again the most valuable U.S. company, outranking Apple for the first time since late November. A rise in the chip maker's stock meant it ended Tuesday with a market capitalization of $3.