News Formal

Nvidia Stock’s Blockbuster Gain Is a ‘Big Market Delusion’

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Rob Arnott, a quantitative-investing pioneer known for steering investors out of complacency, says the chip maker is “a great company priced beyond perfection.”

Artificial intelligence is revolutionary, but it is also a bubble waiting to pop. Just look at Nvidia ‘s stock price and match it with history.

Nvidia’s stock was down by 3.1% to $470.60 on Wednesday, a small dip compared with the 222% gain recorded for the year so far. It trades at 34.1 times the per-share earnings it is expected to produce over the next 12 months, but in mid May, the valuation was at 63 times, near its record of 70.6 times.

AI-related stocks such as Nvidia, Advanced Micro Devices and others have helped the S&P 500 to rise 17% this year. The point to remember, Arnott wrote, is that whenever a bull market emerges from a powerful narrative propelling the stock prices of a narrow group of popular companies, those stocks may disappoint in the years to come.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

These Stocks Are Moving the Most Today: Tesla, Nvidia, Fidelity National Financial.Auto makers and chip stocks were among the big movers at the start of a shortened week following the Labor Day holiday.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

These Stocks Are Moving the Most Today: Tesla, Nvidia, Fidelity National Financial, OracleAuto makers and chip stocks are among the big movers at the start of a shortened week following the Labor Day holiday.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Japanese stocks climb for seventh day as Hong Kong stocks dropAsia-Pacific stocks mostly decreased Tuesday, Sept. 5, Japanese shares climbing for the seventh day. Hong Kong's Hang Seng Index fell 2.1% to 18,456.91,...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Airbnb, Tesla stocks rise, Manchester United, Softbank shares fall and other stocks on the moveAirbnb, Blackstone stocks rose after S&P 500 caretaker said it was adding them to the S&P 500 index.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Japanese stocks climb for eighth day as Hong Kong stocks hold steadyAsia-Pacific stocks increased Wednesday, Sept. 6, with the Japanese market showing an eighth day of increases and shares in Hong Kong declining for the...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »