Three weeks ago, we recommended Nvidia Inc. (NVDA) stock in a June 22 Barchart article and shorting out-of-the-money puts. Now, NVDA is near its target prices, and the short play is successful. What is the best play here?

We recently published 10 Stocks Jim Cramer Discussed As He Commented On Latest Tariffs. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.

Nvidia's shares have climbed back to all-time highs as investors regain optimism in its AI infrastructure business. Generative AI will change the world. With shares up more than 50% since the start of April,

Nvidia (NASDAQ: NVDA) proved naysayers wrong yet again as the company became the first one to hit a $4 trillion market capitalization. However, the market seems unsure today as NVDA stock is bouncing back and forth at that valuation, which may indicate that Wall Street is pricing it in as a ceiling.

Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in value by nearly 1,500%, including another 20% in the last 12 months. Think the run is over? Think again. Nvidia stock remains far cheaper than most investors realize due to one critical factor.

NVIDIA’s (NASDAQ: NVDA) market received a green light to rally that will have far-reaching repercussions. NVIDIA is the largest company globally, with a valuation exceeding $4 trillion, and has the most significant impact on the S&P 500 index.

NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street. On July 10, Goldman Sachs analyst James Schneider initiated coverage on the stock with a “Buy” rating and a price target of $185.

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Semiconductor Stocks to Buy According to Reddit. NVIDIA Corporation (NASDAQ:NVDA) announced a collaboration with Novo Nordisk to ramp up the drug discovery efforts via innovative AI use cases.