Nvidia stock is less than half of its recent high. Is it a buy now?

In the fourth quarter, Nvidia (NVDA) – Get NVIDIA Corporation Report The stock was at an all-time high. Graphics-chip specialist joined by Advanced Micro Devices (AMD) – Advanced Micro Device, Inc. Get the report And a handful of high quality growth stocks.

We faced a divided market at that time. The S&P 500 and Nasdaq were at all-time highs, despite several significant gains as stocks traded at the beer-market level.

Through the volatility we’ve seen so far this year, most semiconductor companies are doing well. Qualcomm (QCOM) – Get Qualcomm Inc reportTexas Instrument (TXN) – Get Texas Instruments Inc. reportTaiwan Semiconductor (TSM) – Taiwan Semiconductor Manufacturing Company Limited Receive Report And on semiconductor (On) – Get Semiconductor Corporation Report It is difficult to report everything with a strong outlook.

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