As a result, Nvidia's revenue has exploded higher in recent years. For example, in the latest quarter, revenue came in at a record of more than $35 billion -- higher than a full year of revenue just two years ago. Importantly, the company is also highly profitable on sales, with a gross margin of more than 70% in recent quarters.

Even if Nvidia has been a powerful motor propelling equity markets this year, there are plenty of other oars in the water doing the same thing,” an analyst says.

Nvidia (NASDAQ: NVDA) had two phenomenal years in the market, and I doubt that it will be able to repeat its performance in 2025. Although there are numerous reasons, I've come up with three solid ones that convinced me to pick up some Nvidia shares before 2025 arrives.

Nvidia's business is booming, but the stock is still quite expensive. Should you consider a lower-priced tech giant instead?