Nvidia And Bitcoin: Overpriced Or Underpriced —Do Fundamentals Justify Their Trillions Of Dollars Worth Of Market Caps?
Portfolio Pulse from Aniket Verma
The article discusses the valuation of Nvidia and Bitcoin, focusing on Nvidia's high P/E ratio and Bitcoin's NVT ratio. Nvidia's stock has risen 160% year-to-date, with a P/E ratio of 73.478, indicating it may be overpriced. Bitcoin's NVT ratio suggests potential accumulation opportunities.
August 29, 2024 | 1:35 am
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Nvidia's stock has risen 160% YTD, with a P/E ratio of 73.478, suggesting it may be overpriced. The company's strong earnings and revenue growth could justify high investor expectations.
Nvidia's high P/E ratio indicates that the stock might be overpriced, but the company's strong earnings and revenue growth could justify investor optimism. The stock's 160% YTD rise reflects high market expectations.
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