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by httpz 501 days ago
Nvida has a P/E of 47. While it may be a bit high for a semiconductor company, it's definitely not a meme stock figure.
2 comments
anon291 501 days ago
The forward PE is half that based on real numbers of future orders reported in company reports.
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snailmailstare 501 days ago
Yes and no, going from 47 to 50 would buy a few of the most popular meme stocks so there simply aren't enough people to make it a true meme stock with that market cap.
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