Is Nvidia Stock Overvalued? Here’s Why The Financials Don’t Make Sense ($NVDA)
In this video, we dive into the current valuation of Nvidia’s stock (NVDA). While Nvidia and Apple both have a market cap of $3.2 trillion, Nvidia’s PE ratio is double Apple’s, despite having significantly less cash. We discuss why this might not be a sustainable situation and why the fundamentals of Nvidia’s stock might not justify its current price.