Great article, would you like to share it?

NVDA is CHEAPER today than it was a year ago.

@TechnicalHunter
The higher a stock's price goes, the more expensive it gets. Right? Well, not always. A year ago, when $NVIDIA Corp(NVDA)$ was selling at $277, its earnings per share was $0.82 and its P/E ratio was 147x Today,NVDA's share price is up +284% to $1,064.... BUT... Its earnings per share is up +629% to $5.98. Its P/E has fallen to 62x... forward P/E is now at 30x So, NVDA is CHEAPER today than it was a year ago. Investors who say that NVDA is a bubble have no idea what they are talking about. Image
NVDA is CHEAPER today than it was a year ago.

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet