It's not too late to buy Nvidia. Here are the reasons we say 'own it, don't trade it'

Want to start an Nvidia position but think it's too late? The stock hit an all-time high on Thursday and has quickly dropped 7% since then. We know that Nvidia can swing wildly in the near-term. With earnings coming up on Wednesday evening, we feel that a "beat and raise" quarter is the minimum requirement. It's been the bar for years now, as we wrote in Sunday's earnings preview . …