NVidia’s PE is below 60 and they have 100% year over year revenue growth. A bubble is typically based on future earnings potential Nvidia is a money printing growth creating machine.
If you believe their earnings will continue increase at the same rate for next two years then it's more like getting in early on a P/E under 15. No bubble, just solid growth expectations.
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NVidia’s PE is below 60 and they have 100% year over year revenue growth. A bubble is typically based on future earnings potential Nvidia is a money printing growth creating machine.
NVidia is selling “shovels to gold prospectors”
One indicator there may be a bubble is when internet investors are bragging about a P/E "under 60" like it's a safe pair of hands.
If you believe their earnings will continue increase at the same rate for next two years then it's more like getting in early on a P/E under 15. No bubble, just solid growth expectations.