NVDA is CHEAPER today than it was a year ago.

TechnicalHunter
05-28

The higher a stock's price goes, the more expensive it gets. Right?

Well, not always.

A year ago, when $NVIDIA Corp(NVDA)$ was selling at $277, its earnings per share was $0.82 and its P/E ratio was 147x

Today,NVDA's share price is up +284% to $1,064.... BUT... Its earnings per share is up +629% to $5.98. Its P/E has fallen to 62x... forward P/E is now at 30x

So, NVDA is CHEAPER today than it was a year ago.

Investors who say that NVDA is a bubble have no idea what they are talking about.

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Nvidia Plummets! Will You Take Profit or Hold Firm?
Nvidia dropped 8% intraday yesterday and closed down 3.5% after losing its recently acquired title as the world's most valuable company to Microsoft. ------------------- Did you get in after the stock split? Does timing matter when investing in nvda? Will you take profit or hold firm?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • TigerVision888
    05-30
    TigerVision888
    Kindly give credit to Adam Khoo, the original Author
  • Enchantedlad
    05-29
    Enchantedlad
    Current PE is 66.68. How do you calculate 30 x ?
  • Sonsonkok
    05-30
    Sonsonkok

    Great article, would you like to share it?

  • joechill
    05-30
    joechill

    Nice 

  • Ggt
    05-29
    Ggt

    Great article, would you like to share it?

  • JessHs
    05-29
    JessHs
    Great article, would you like to share it?
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