You, a rube, might think that Nvidia is a big fat bubble, given that it’s worth almost as much as the entire UK stock market, trades at over 40 times next year’s forecasted earnings and even has its own earnings parties, spivvy support act and a monstrous options ecosystem.
However, FT Alphaville has been huffing some sellside commentary, and can now confidently say that Nvidia is actually cheap. Super cheap! It’s basically a deep value stock now.
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