Nvidia Stock Gained $1.5 Trill-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Nvidia Stock Gained $1.5 Trillion To Surpass The FAANGs - Apple Is Next

$NVIDIA Corp(NVDA)$

Nvidia Corporation surpassed a $2 trillion market cap compared to Apple’s $2.8 trillion. The company has surpassed Amazon, Google, Tesla, Meta and Netflix. Nvidia's data center revenue has grown more than 676%, from $2.37 billion in fiscal Q2 2022 to $18.40 billion in fiscal Q4 2024. Nvidia’s forward P/E ratio is just above 32x at Friday’s close, which compares to a forward P/E ratio of more than 75x in its November 2021 peak.

Recent developments in the technology sector suggest that the AI revolution is at an early innings of growth. NVIDIA dominates the market of AI chips and invests vast amounts in R&D to protect its technological edge. Despite a significant rally in stock price, NVIDIA is still attractively valued with a potential upside of 34%.

Even with diminishing revenues from China, Nvidia Corporation managed to easily beat analyst estimates in its FY24 Q4 quarter. In the light of existing and several newly emerging growth drivers, current sales estimates seem overly conservative. Valuing Nvidia’s shares at a forward P/E ratio of 40 could result in the doubling of the share price for the end of 2024.

NVDA Will Surpass 🍎's Market Cap in Just __ Days?

Nvidia hits $927 in Thursday trading and market cap stands at $2.3 trillion, slightly trailing behind Apple's $2.6 trillion. Apple's stock has been declining in recent days due to the company missed AI trend. ---------------------- When will NVDA surpass Apple in market cap? Will NVDA hit $1000 in March?

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Valuing Nvidia’s shares at a forward P/E ratio of 40 could result in the doubling of the share price for the end of 2024.</p></body></html>","htmlText":"<html><head></head><body>Nvidia Stock Gained $1.5 Trillion To Surpass The FAANGs - Apple Is Next\n<p><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;</p>\n<p>Nvidia Corporation surpassed a $2 trillion market cap compared to Apple’s $2.8 trillion. The company has surpassed Amazon, Google, Tesla, Meta and Netflix. Nvidia's data center revenue has grown more than 676%, from $2.37 billion in fiscal Q2 2022 to $18.40 billion in fiscal Q4 2024. Nvidia’s forward P/E ratio is just above 32x at Friday’s close, which compares to a forward P/E ratio of more than 75x in its November 2021 peak.</p>\n<p>Recent developments in the technology sector suggest that the AI revolution is at an early innings of growth. NVIDIA dominates the market of AI chips and invests vast amounts in R&amp;D to protect its technological edge. Despite a significant rally in stock price, NVIDIA is still attractively valued with a potential upside of 34%.</p>\n<p>Even with diminishing revenues from China, Nvidia Corporation managed to easily beat analyst estimates in its FY24 Q4 quarter. In the light of existing and several newly emerging growth drivers, current sales estimates seem overly conservative. Valuing Nvidia’s shares at a forward P/E ratio of 40 could result in the doubling of the share price for the end of 2024.</p></body></html>","text":"Nvidia Stock Gained $1.5 Trillion To Surpass The FAANGs - Apple Is Next $NVIDIA Corp(NVDA)$ Nvidia Corporation surpassed a $2 trillion market cap compared to Apple’s $2.8 trillion. The company has surpassed Amazon, Google, Tesla, Meta and Netflix. Nvidia's data center revenue has grown more than 676%, from $2.37 billion in fiscal Q2 2022 to $18.40 billion in fiscal Q4 2024. Nvidia’s forward P/E ratio is just above 32x at Friday’s close, which compares to a forward P/E ratio of more than 75x in its November 2021 peak. Recent developments in the technology sector suggest that the AI revolution is at an early innings of growth. NVIDIA dominates the market of AI chips and invests vast amounts in R&D to protect its technological edge. Despite a significant rally in stock price, NVIDIA is still attractively valued with a potential upside of 34%. Even with diminishing revenues from China, Nvidia Corporation managed to easily beat analyst estimates in its FY24 Q4 quarter. In the light of existing and several newly emerging growth drivers, current sales estimates seem overly conservative. 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