The P/E of Nvidia is 222. If I can buy all the stocks of Nvidia right now, it will take me 222 years to recover my investment based on the current EPS.
Yahoo Finance stated that its diluted TTM EPS is 1.75
While there is big potential, we should consider investing with a good margin of safety. Personally, i think that I may have missed the window of opportunity for this season.
There is a chance that the price of the stock failing to go down significantly for weeks or longer, I did not buy because I have not researched adequately too. For now, I plan to monitor and will watch from th3 sidelines.
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What do you think is gonna happen when we get a debt default crisis coupled with a 50bp hike from the fed? Bet ya NVDA will give back gains then. Wanna bet?
Im raising my price target from 450 to 530. Thats the 4th upgrade in 3 months. Huge upside. Buy Buy Buy
Nvidia stock has more than doubled this year already,explosive growth in AI gives NVDA plenty more upside ahead.
Great ariticle, would you like to share it?