It's the time of year for making predictions about the coming new year. I agree with the Danish proverb, "Prediction is difficult, especially when dealing with the future." However, I'll go out on a limb and make a prediction about the new year.

Nvidia (NASDAQ:NVDA) stock found itself in a mini-slump in recent weeks, falling into correction, even as other tech stocks experience their so-called "Nvidia moments." Though Nvidia could be a relative laggard for a few more weeks or even months as investors digest the recent Fed meeting,

Nvidia's strong product roadmap and innovation potential make it a compelling long-term investment. Learn why NVDA stock is a Buy.

Nvidia's (NASDAQ: NVDA) stock has been a huge winner each of the past two years. After surging over 238% in 2023, the stock has soared approximately 164% this year, as of this writing. Those are two huge back-to-back year gains that have propelled the company to become one of the largest in the world.