Wall Street’s ‘Dean Of Valuation’ Thinks ‘You’re Setting Yourself Up To Lose’ With Nvidia By Playing ‘The Plausible Game’ — Says This Is What Investors Need To Ask Before Getting In

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Benzinga

While Wall Street continues to sing paeans about Nvidia Corp.‘s (NASDAQ:NVDA) prowess in artificial intelligence, one investor has voiced skepticism about its current investment appeal. What Happened: New York University professor Aswath Damodaran, known as the “Dean of Valuation,” cautioned against considering Nvidia as a good long-term investment. In a CNBC interview on Thursday, Damodaran said: “Right now, Nvidia is in a strange place…it’s a great trade but not a very good investment.” “Trading is about mood and momentum, and when you think mood and momentum, I don’t think I have ever seen …

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