Reported 3 days ago
Following Nvidia's recent earnings report, Yahoo Finance's Julie Hyman analyzes the current valuations and forward price-to-earnings ratios of the 'Magnificent Seven' tech stocks. Nvidia's valuation has decreased and is now more aligned with its peers, showing a forward P/E ratio of 31, comparable to other tech giants like Apple, Microsoft, and Meta, while Alphabet remains the lowest at 18. Despite growth slowing, the stock remains attractive for investors.
Source: YAHOO