Published on 27 Feb 2024 on MarketWatch via Yahoo Finance
Nvidia’s stock sees one advantage that only two other chip makers share
Nvidia’s stock appears to be more attractive than it was a year ago — before it tripled in price — based on the the decline of its forward price-to-earnings ratio. - MarketWatch illustration/iStockphoto
You are probably aware that Nvidia Corp. shares have soared over the past year. But you might not know that as this has happened, the stock has become much more attractive by the most commonly used price-valuation metric.
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