Shares of Nvidia (NASDAQ: NVDA) are close to new highs heading into the next earnings report on Nov. 20. Earnings season can lead to wild swings in stock prices, but one analyst believes Nvidia shares are worth buying now.

Nvidia recently became the world's largest company by market cap. Analysts expect the company's outstanding growth to continue over the next five years. Nvidia's pricing power and market share of AI chips could indeed help it sustain impressive earnings growth levels and push it toward a $5 trillion valuation.

On Wednesday, Nov. 20, the entire investment community will be anxiously awaiting one critical piece of news. No, I'm not talking about a Federal Reserve meeting or an update regarding jobs growth. Next week the poster child of artificial intelligence (AI),