I didn't think the market would be stupid enough to sell $NVDA down to a ~12X Fwd P/E.
At these levels, it's a gift.
Stock Viking, Ph.D. retweeted
Big bounce coming soon for AI stocks imo
This is worst than the saas selloff earlier this year
Fear gets overblown to the downside just like euphoria gets stocks over green to the upside
Stock Viking, Ph.D. retweeted
You have to be mentally handicapped to wake up with the Nasdaq 100 trading at its lowest fwd P/E ratio in years and feel compelled to sell your tech stocks, while we continue going through the biggest, most profitable tech revolution in human history
Stock Viking, Ph.D. retweeted
I can’t shake the feeling that selling your high-beta tech stocks already down 40-70%, to buy low/no growth consumer names at 30-100x earnings…might not be so smart, either.
Depends on the forward estimates you use, but $NVDA forward P/E is actually closer to ~11x.
I remember when $AAPL's P/E traded that low when Steve Jobs was CEO. Their stock was asymmetrically undervalued and no one realized it, not even me. The stock went up ~1000% over the next 10 years. I'm not making that mistake again.















