Related: Analysts revisit Nvidia stock price targets with Q3 earnings in focus Whether it's cars, real estate or Beanie Babies, somebody somewhere is telling you've got to buy whatever they're selling right here and now or forever hold your peace.

One analyst made Nvidia’s stock his new top large-cap chip pick, while another likened Nvidia’s position to Apple’s in the early days of the iPhone.

With Nvidia's earnings report looming, all eyes will be focused on the upcoming launch of its Blackwell GPUs. Nvidia stock tends to experience higher volatility around its quarterly reports. Nvidia will report third quarter earnings on Nov.

On top of this, Nvidia has two major catalysts on the horizon, events that could be crucial for the direction of the stock price. Should you get in on this top stock ahead of the action? Let's find out.