Nvidia (NVDA) has been among the hottest stocks on the planet in the last 18 months. Since the end of the last bear market in late 2022, Nvidia stock has surged 740%, valuing the company at a market cap of more than $2.3 trillion. Those sizeable gains mean the semiconductor giant has returned roughly 20,000% to shareholders in the past decade. So, an investment of $500 in NVDA stock in May 2014 would be worth over $100,000 today. However, despite Nvidia’s monstrous gains, analysts remain bullish and expect the stock to move even higher. In this article, we look at a couple of reasons why analy…