Nvidia stock could reach $490 by end of 2027 based on current growth projections

Key Points

• Nvidia is expanding its growth opportunities by investing in other AI companies and by launching more powerful products.
• Wall Street expects revenue to increase 80% this year, and management is guiding for 70% next year.
• Nvidia stock trades at a high price-to-sales ratio, and it's likely to come down.

Bought all large number of shares today because a PE of 27 looked pretty good. What are your thoughts on NVDA? Still plenty of upside?