It has been 26 years since Nvidia has gone public. The stock has crashed in four of these years. So it's certainly possible that Nvidia's stock price will reverse and turn south in 2025. In fact, I think 2025 is a year that is more likely than most of a drop in stock price. Here's why.

Investors were not impressed by Nvidia's quarterly performance and outlook even though it handily beat Wall Street's expectations thanks to the booming demand for its artificial intelligence (AI) chips.

However, Nvidia has done so well over the past few years that other investors are concerned that it may have reached its top. So, which of these two camps is right? I think that the most recent dip looks like a buying opportunity.