Nvidia stock hits cheapest valuation since before the AI boom after shedding $1 trillion
Nvidia stock is trading at 18 times forward earnings — below the S&P 500 — after falling 16% from its May all-time high
Overview
Nvidia stock is trading at 18 times forward earnings — below the S&P 500 — after falling 16% from its May all-time high
Source
Originally published at qz.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
