According to wall street analyst, nvda remains one of the cheapest pure play AI even after its meteoric rise over the last two years because its earnings have kept up and even exceeded its price growth trend thereby maintaining a reasonable forward PE of 27 vs previous cycle forward PE of around 60ish.
https://youtu.be/UtqgWFEd-50?si=ki9ALEeV0AvDX2rd
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