Nvidia’s Valuation Sparks Reddit Debate: Echoes Of Apple’s Innovation, Cisco’s Challenges

Published by
Benzinga

The technology sector has always been a hot topic for investors, and Reddit is buzzing with discussions about NVIDIA Corp (NASDAQ:NVDA) and its potential trajectory. While trading at high TTM P/E valuations of 95, Nvidia stock is a Buy based on analyst ratings consensus. Redditor u/waterlimes sparked a conversation by drawing parallels between Nvidia and Cisco Systems Inc (NASDAQ:CSCO), raising concerns about the company’s high P/E ratio of around 95. This article explores the various perspectives shared by the Reddit community and evaluates whether Nvidia, with its impressive growth in the ch…

Read More

See also  Instagram trials AI tool to verify age of users

Leave a Reply