๐Mark Your Most Favorite Stock With High EV/GP Multiples
According to Shay Boloor, Co-Host of @PoundingDaTable,
He pointed out the top 15 growth stocks with the highest EV/GP multiples (Enterprise Value/Gross Profit Ratio) where the market sees a premium valuation.
Special Highlight:
The EV/Gross Profit Ratio is a profitability financial ratio that estimates the enterprise value of a company to its gross profit. It demonstrates how many dollars of enterprise value are generated for every dollar of gross profit earned. Generally, the lower the ratio, the lower is the company's net worth.
Enterprise Value = Market Capitalization + Total Debt + Cash & Cash Equivalents
Gross Profit = Total Revenue โ Cost of Goods Sold (COGS)
Which of the above stocks is your favorite name in 2024?
Would you like to add fundamental or technical analysis based on your knowledge?
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$Tesla Motors(TSLA)$, $Shopify(SHOP)$, $NVIDIA Corp(NVDA)$, $Cloudflare, Inc.(NET)$, $Snowflake(SNOW)$, $MongoDB Inc.(MDB)$, $Palantir Technologies Inc.(PLTR)$, $Datadog(DDOG)$, $Trade Desk Inc.(TTD)$, $CrowdStrike Holdings, Inc.(CRWD)$, $Samsara, Inc.(IOT)$, $Global-E Online Ltd.(GLBE)$, $ServiceNow(NOW)$, $Zscaler Inc.(ZS)$, $Adobe(ADBE)$.
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๐๐๐$NVIDIA Corp(NVDA)$
Is my Top Pick as it is the Number 1 Semiconductor stock in the world. Its share price has jumped 226% year todate and is the Top Performer of the Magnificent 7 due to its pole position in specialised AI chips. Nvidia also has one of the highest Enterprise Value to Gross Profit Ratio at 21.3 times.
Nvidia has reached more than USD 1 Trillion in market capitalisation. Wall Street Analysts are also bullish on Nvidia with a Buy rating, Target price of USD 600.
Nvidia is undoubtedly my most favourite stock currently.
@TigerPicks @TigerStars @TigerClub