Nvidia Stock: More Upside Potential Despite Premium Valuation

Seekingalpha2023-06-04

SummaryAt a forward P/E of over 50, Nvidia Corporation is not cheaply valued.The buzz surrounding AI has been the driving force behind Nvidia stock this year.Nvidia recently made a groundbreaking ...

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Comments

  • Nana30
    2023-06-04
    Nana30
    Currently NVIDIA is super over valued.. It may crash anytime. As of now the best bet on tech stocks are $GOOG, $AMZN and $MSFT... All these companies also investing in result oriented AI.. Buy these stocks and holding it for another 10 years may fetch you multi folds returns. 
  • jpe
    2023-06-04
    jpe
    Amazone, Google,  Microsoft, META... They have all invested heavely in chips and AI capable equipment for 10+ years now.  In fact, they are all transition to make their own CPU and GPU chips for this. As they have done for a long time for most of equipment in their cloud that has a huge capex.  Now, nvidia is even treathen if these guys start making these chips also for the marked to sell.   They have the experience, people and competence and started this ling time ago. If any of you analytics ever have been in any of these datacenters, you would have seen this.   The forcast from nvidia is not reflected n any of either their customers or chip producers forcast for 23.  It is very normal in this industry to run prof of consept testing by customers bedore they
  • King19
    2023-06-04
    King19
    Already run ahead of fundamentals yet still encouraging ppl to buy??  Be fearful when others are greedy.... from who 🤔
  • Merdeka1981
    2023-06-04
    Merdeka1981
    Can someone pls convey the message to the Nvidia ceo that he need to split the stock else it's going to be difficult for others to buy.
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