NVDA has a 200+ PE ratio.
Yes, I agree AI is trendy but this is reaching a point like a Dot Com Bubble.
It means 200 years of earnings to justify the price. Can someone provide a rational explanation?
Btw, recently found a game to bet points with other investors on stock direction, which is somewhat entertaining. NVDA put is too expensive now.
I bet 200 points it will go down next week and see if I am right. 58% chance now.
How likely do you think NVDA will go down next week?
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