Reported 1 day ago
Nvidia, now among the world's most valuable companies, may seem expensive on a price-to-sales basis, trading at 21 times sales. However, its price-to-earnings ratio suggests a more favorable valuation for long-term investors, as it trades at only a 25% premium compared to the S&P 500's forward earnings ratio. Given Nvidia's impressive growth in AI, the stock could become even more attractive, potentially trading at a discount in the future.
Source: YAHOO