NVDA posts 85% revenue growth at a forward PEG of just 0.605, supporting a $270.26 price target and a high-conviction BUY recommendation.
AVGO typically trades at a richer forward multiple than NVDA's 25x despite being a supplier, making NVDA's valuation look conservative against its own peer group.
Even the bear case projects an 8.2% gain, backed by 75% gross margins and $49 billion in quarterly free cash flow.
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NVIDIA (NASDAQ:NVDA) trades at $215.17 as of Friday afternoon. After running the numbers, the stock looks reasonably priced relative to its growth.
#nvda #free #forward #trades
AVGO typically trades at a richer forward multiple than NVDA's 25x despite being a supplier, making NVDA's valuation look conservative against its own peer group.
Even the bear case projects an 8.2% gain, backed by 75% gross margins and $49 billion in quarterly free cash flow.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
NVIDIA (NASDAQ:NVDA) trades at $215.17 as of Friday afternoon. After running the numbers, the stock looks reasonably priced relative to its growth.
#nvda #free #forward #trades
1 day ago
