Now that it's the world's most valuable company, some investors might believe the time to buy Nvidia has already passed, but these developments show that's not the case. Furthermore, the stock is currently selling for just 32 times next year's expected sales, a remarkably attractive price for a company with so much opportunity.

Nvidia (NASDAQ:NVDA) stock once again had the highest market capitalization in public markets, overtaking Apple (NASDAQ:AAPL) on Tuesday as the iPhone maker’s stock price slid, sustaining a recent decline.