$NVIDIA Corp(NVDA)$ $Tesla Motors(TSLA)$ $Advanced Micro Devices(AMD)$ If you look at PE look at TSLA or AMD. I don't think PE is a good indicator for tech companies nowadays. If PE should be at 30, the share price should be about 70, which is not realistic for NVDA anymore.
About the "priced in" argument, it was 140 right after the ER before the last. This quarter they had even more revenue.
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.
