Samlunch
10-28
$NVIDIA Corp(NVDA)$  


$NVDA WAS AT A 64/PE AT $15 IN 2021

$NVDA IS NOW AT A 64 P/E AT $142 IN 2024

This is why stocks can be expensive but not overvalued at the same.

Now looking back, everyone can agree that Nvidia was NOT overvalued at $15 in 2021 given its up 10x since then, but at a 64 P/E, it was expensive.

You needed some imagination to see past the numbers in 2021 to see what Nvidia could become and what GPUs would do for the world.

Can Nvidia Replicate Tesla's Post-Earnings Surge?
Nvidia will release earnings on November 20th. Revenue is expected to be $32.5 billion, plus or minus 2%. GAAP and non-GAAP gross margins are expected to be 74.4% and 75.0%, respectively, plus or minus 50 basis points. For the full year, gross margins are expected to be in the mid-70% range. ----------------- Is Nvidia the winner of big tech's AI rival? Will you add Nvidia before earnings? Can Nvidia beat and surge like Tesla did? Will Nvidia manage to meet the lofty expectations?
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

  • Joy34
    10-29
    Joy34
    Awesome insight! Imagination is key to seeing beyond the numbers. [Thinking]
  • Miketee74
    10-29
    Miketee74

    Could be higher! Not to worry. 

  • Samuellow88
    10-29
    Samuellow88

    Nvidia all the best 💪

  • zuzu99
    10-29
    zuzu99
    Absolutely
  • VivianChua
    10-30
    VivianChua
    Nice 💚💚💚
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