By Adria Cimino
Publication Date: 2026-10-03 13:10:00
Nvidia has been the hottest stock on the planet in recent years, thanks to its dominance in the artificial intelligence (AI) chip market. When investors aimed to bet on AI, Nvidia came up as the obvious choice — and a very wise choice, as the stock has soared 1,000% over five years. But this year, Nvidia hasn’t always been the biggest winner. The stock actually slipped in the first quarter, and though it’s heading for a 20% annual gain, other AI players have offered investors much better returns in 2026.
How about recently? Well, the month of September, often a difficult one for stocks, proved lackluster for the popular tech stocks known as the “Magnificent Seven,” with performance ranging from a loss of 4% for the worst performer, Amazon, to a gain of 5% for the second-best performer, Apple. Nvidia added 3.4% during the month.
But one company stood out in September, posting the best performance of the group — and its best month since 2022. Let’s check out this player and find out if it’s still a buy.
Image source: Getty Images.
A laggard over the past year
This particular stock has actually been a laggard compared to other members of the “Magnificent Seven” over the past year. Investors have worried about its significant investments in AI, as it hasn’t been among the first to generate major revenue from the technology. In contrast, chip designers and cloud service providers have seen revenue growth since the early days of the AI boom. But, in recent weeks, this…
