Shares of Nvidia (NASDAQ: NVDA) surged once again, jumping over 5% on 5 June 2024, with its market capitalisation exceeding US$3 trillion. This increase in Nvidia’s value came as a result of a broad market rally in which the market anticipated rate cuts following the revelation of a slowing job market in the US. For a brief moment, the chip giant was the second most valuable company in the world, surpassing Apple (NASDAQ: AAPL), and was behind only Microsoft (NASDAQ: MSFT). With such a steep market capitalisation, this raises the question: Did you miss the boat? Is Nvidia still an attractive stock to buy? A sharp surge along with high valuation Investors may suspect that Nvidia’s growth is unsustainable. After all, its shares have surged by over 217% over the past year, and are up a stunning 3,000% over the past five years....