Entering the year, the AI sector was set to surge on Wall Street. There was no shortage of stocks that were poised to benefit; however, one had clearly sat above the rest. Indeed, its past success and future potential led to Nvidia (NVDA) being called the best investment of the decade.

The AI chipmaker had been perceived as one of the biggest beneficiaries of the ongoing boom in the technology. Although heavy hitters like Microsoft (MSFT) and Amazon (AMZN) have made headway in the industry, Nvidia stands out. But just how much upside is there in a company that had surged 170% in 2024?

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Nvidia Is the Best Investment of This Decade: Does It Still Have Room to Grow?

Friday saw Nvidia stock fall 2% as it dropped further below the $140 mark. Although this sparked some concern among investors, it may have reiterated what makes the stock so incredibly attractive. Indeed, the company’s importance to such a demand-driven market has led to the belief that it could have massive gains in the future.

Additionally, its most recent setback creates an interesting entry point. Nvidia (NVDA) has been called the best investment of the last decade, and there’s good reason why. The company currently has 95% of the AI processing market. Moreover, it is poised to benefit from $2 trillion in data center spending.

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The most alluring aspect of Nvidia is that it is not really engaging in any AI war; it is the supplier of its ammunition. This means that no matter who wins to create the most engaging, productive, and adopted artificial intelligence products, it is NVDA that will increase its usefulness.

This has led many to expect big things for the stock over the next decade ahead. But what does its position mean for 2025? Well, it means big things. According to CNN data, Nvidia sports a median price target of $175. Up 27% from its current position. However, its high-end price projection sits at $220, representing a 60% upside from where it stands now.

This is why 91% of 68 surveyed analysts have a buy rating on the stock. Moreover, just 9% have issued a hold rating amid its potential to skyrocket. With the stock falling firmly below $140 this week, this could be a prime buy opportunity before its earnings data arrives next week.