Samlunch
05-29
$NVIDIA Corp(NVDA)$  


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

Well, not always.

A year ago, when 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.


How to explain to your child not buying NVDA under $100?
If you don't buy Nvidia, how would you explain to your child not buying NVDA when it was under $100?
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