Nvidia: Up 140% This Year And Still Undervalued
Despite a 140% YTD gain, Nvidia Corporation remains attractive due to strong fundamentals, triple-digit growth, and consistent earnings beats, justifying its valuation.Nvidia's Q2 results showed impressive growth with sales up 122.4% YoY and free cash flow doubling, reinforcing its long-term potential.I believe Nvidia's 2025 EPS will exceed current estimates, making its current valuation of 30x forward earnings reasonable, with 7%-13.4% upside.Given limited high-conviction picks in the market, I'm considering adding to my Nvidia Corporation position, despite its recent rally, due to its strong growth prospects. Sundry Photography After the market’s recent rally, there aren’t too many high conviction picks left on my watch list that provide strong upside potential. As the S&P 500 approaches all-time highs again, It’s difficult to find blue chip