Reported 9 months ago
Nvidia has seen a surge in popularity due to the demand for AI chips, becoming the largest semiconductor stock by market cap. Investors are advised to evaluate upcoming product releases, financials, and market conditions to determine if the stock is still a viable investment. Despite impressive financial performance and growth predictions, Nvidia's elevated valuation, P/S ratio of 39, and stock price gains should urge caution. Investors looking to invest in Nvidia may want to do so gradually, considering the potential risks associated with the stock's valuation.
Source: YAHOO