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by eightysixfour
469 days ago
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And yet, when other companies have grown their earnings like mad, their price has outgrown it, driving their P/E up further, because the market expects higher future earnings. nvidia is reaping the rewards of the things built up to now, but isn't necessarily expected to continue to hockey stick. Their P/E is approximately the same as the rest of the S&P 500 technology sector's average. |
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