"Nvidia: The Undeniable AI Powerhouse in the Stock Market"
TL;DR
Despite its significant rise in stock price this year, Nvidia is still considered a value stock by some analysts. Trading at only a modest premium compared to other AI-related stocks, Nvidia's current valuation is 28 times the consensus earnings projection for 2024, according to Melius Research analyst Ben Reitzes.
- Is Nvidia an AI Value Stock? The Wall Street Journal
- Nvidia Remains The Best Stock In The Market Now (NASDAQ:NVDA) Seeking Alpha
- Is Nvidia the Next Cisco? The Irrelevant Investor
- What Nvidia, Intel, Google, and Tesla Stock Investors Should Know About Recent AI Updates The Motley Fool
- Is Nvidia’s stock actually cheap? One analyst makes the case. MarketWatch
- View Full Coverage on Google News
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Read on The Wall Street Journal