Nvidia (NASDAQ:NVDA) stock never seems to go too long without experiencing a sustained rally higher. Undoubtedly, only time will tell if NVDA shares will retain the multi-bagger gains that investors have enjoyed in 2024.

On Nov. 20, Nvidia will release a fresh batch of financial results for its fiscal 2025 third quarter (ended Oct. 31), and if past quarters are any indication, it could be an absolute blowout. Here's how I predict the stock will react once the results are announced.

Also know that, unlike the S&P 500 or the Nasdaq Composite, the Dow is weighted by price rather than by market cap. Although Nvidia has an outsized influence on the movements of the cap-weighted benchmarks, at current prices NVDA stock will be as important to the DJIA as, roughly, 3M ( MMM ).

In fact, fellow Dow newbie Sherwin-Williams Co. with a market cap of $97.67 billion, is nearly three times more influential. Read: Nvidia to replace Intel in the Dow, underscoring

World’s most valuable company Overtakes Apple Most popular stock of 2024 As Nvidia’s stock market value hit $3.65 trillion on Thursday to make it the world’s most valuable company, so shares are in hot demand among retail investors in the Gulf.