Reported 10 months ago
Following a recent 10-for-1 stock split by Nvidia, the stock now trades around $135, making it appear more reasonably priced. Despite the lower share price, the stock is actually more expensive now, trading at 50x forward earnings estimates compared to about 30 prior to the split. Despite the increase in valuation, analysts remain optimistic about Nvidia's long-term growth potential in the AI market, making it a potentially rewarding investment over time.
Source: YAHOO