Now, there's no argument that NVIDIA's stock isn't cheap as shares doubled over the past year and are up 54% in 2021, but its business is an all-weather one that is essential in normal times and critical during crises. As CEO Jensen Huang noted on the company's earnings conference call, "Our partners are launching the largest-ever wave of NVIDIA-powered laptops. Across industries, the adoption of NVIDIA computing platforms is accelerating."