9:02:32 AM PDT - Thursday, October 22nd, 2020

At $550, Nvidia Is Just Way Too Costly to Justify  

By Editor - Sun Oct 18, 7:05 am

It has been a fantastic year for big capitalization tech stocks. And even among that distinguished group, Nvidia’s (NASDAQ:NVDA) results have been noteworthy. NVDA stock is 182% over the past year, and 97% over the past six months. Source: Antonio Baccardi / Shutterstock.com However, after a scorching run in recent years, it’s hard to see how the party can continue. Even with Nvidia doing everything right on a corporate level, the stock has simply gotten too far ahead of the underlying business. It’s important to remember that a stock and a company are two distinct things. Regardless of how great the company is right now, NVDA stock has become a gamble due to its lofty valuation.InvestorPlace – Stock Market News, Stock Advice & Trading Tips Yes, I realize there’s excitement around a potential deal to acquire Arm Holdings, a leading semiconductor design firm

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At $550, Nvidia Is Just Way Too Costly to Justify

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