Reported about 1 month ago
A strategist at the Bahnsen Group suggests that Nvidia investors should have sold their shares up to a month ago, as the company's latest earnings report fell short of inflated expectations, resulting in a drop in stock prices. Despite a year-to-date rise of nearly 140%, concerns over its high valuation, reflected in a price-to-earnings ratio exceeding 56, have led to warnings about the stock's risk-reward balance. In contrast, 89% of analysts maintain a Buy rating, indicating that many still believe in Nvidia's growth potential.
Source: YAHOO