Is It Too Late to Buy Nvidia Stock?
Revenue doubled in the latest quarter, and shares sit about 5% from their high. But today's price asks surprisingly little of the next three years.
Overview
Nvidia (NASDAQ:NVDA) trades around $224 as of this writing, within about 5% of its 52-week high of $236.54 and up about 37% from its 52-week low. The company is worth more than $5.4 trillion.
And anyone who has watched the artificial intelligence (AI) chip giant's stock climb for the past few years without buying it has probably wondered some version of the same thing: Is it too late?
Details
The chart can't answer that. The company's latest results and guidance can, though, because they show what today's price assumes about the next three years of earnings. Let's take a look.
Source
Originally published at www.fool.com.
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