Nvidia reports earnings for the third quarter of fiscal 2025 on Nov. 20, making it a huge day for the market and the stock. However, stocks are known to rise or fall dramatically after earnings reports, so investors want to know, "Is Nvidia a buy before Nov. 20?"

Shares of Nvidia (NASDAQ: NVDA) were under pressure on Thursday, falling as much as 5.1%. As of 12:52 p.m. ET, the stock was still down 4.3%. The catalysts that sent the chipmaker lower were the most recent reading on inflation and a report that a key artificial intelligence (AI) supplier could become a rival.

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

The stock is trading at a record high but might still be cheap based on its potential future earnings. It will release its latest quarterly financial results on Nov. 20, and the company's own revenue forecast might be too conservative.

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.