Fundstrat Chief Investment Office and popular investor Tom Lee believes that Nvidia (NVDA) stock is still undervalued, even after posting another set of record numbers for its most recent quarter. "The thing that stands out is that Nvidia's multiple is still very low. So, they've got these huge revisions. The stock hasn't kept up. Now the P/E keeps contracting," Lee said in an interview with CNBC. In an earlier note, the ***** yst pointed out that "Nvidia's 2028 revenue guide might help the stock push back to new all-time highs."
By Nvidia standards, 2026 has been a relatively quiet year. NVDA stock is up 20% on a year-to-date (YTD) basis. Yet, the stock has still managed to outperform the S&P 500 Index ($SPX), which has risen 12% over the same period. Further, with a gargantuan market capitalization of $5.2 trillion, NVDA stock offers a dividend yield of 0.45%.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ***** eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#chief #investment #office
By Nvidia standards, 2026 has been a relatively quiet year. NVDA stock is up 20% on a year-to-date (YTD) basis. Yet, the stock has still managed to outperform the S&P 500 Index ($SPX), which has risen 12% over the same period. Further, with a gargantuan market capitalization of $5.2 trillion, NVDA stock offers a dividend yield of 0.45%.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ***** eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#chief #investment #office
13 days ago
