$NVIDIA Corp(NVDA)$ NVIDIA's dominance in the market, with an 80-85% market share, and the vast total addressable market (TAM) of over $400 billion, which is expected to quadruple by calendar year 2024, are among the reasons for the analyst's optimism. Recent industry events, including $Taiwan Semiconductor Manufacturing(TSM)$ 's results, $Advanced Micro Devices(AMD)$ 's AI event, and various meetings with industry experts and management, have reinforced the belief in NVIDIA's growth trajectory.
Additionally, the valuation of NVIDIA is considered compelling by the analyst, with its PE to year-over-year EPS growth-rate (PEG) ratio at 0.6 times for calendar year 2025 estimates, which is significantly lower than the average of 1.9 times for comparable leading tech companies, referred to as the "Magnificent Seven." Despite NVIDIA's broad ownership in the market, it is approximately only one times market-weighted in active portfolios, suggesting room for growth in investor holdings.
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