Nvidia is currently trading at nearly 74 times trailing-12-month earnings, raising questions about its valuation. Despite its high P/E ratio, many analysts consider the stock undervalued due to projected growth. While traditional models suggest Nvidia is not undervalued, its momentum may continue if investors believe in its potential. Consideration should be given to other top stock picks before investing in Nvidia. Analysts remain optimistic about Nvidia’s prospects and recommend further research before investing.
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https://finance.yahoo.com/news/nvidia-stock-actually-undervalued-072800290.html
Is Nvidia Stock Truly Undervalued?
