Based on a formula at Extreme Value Stocks fairvalue is at 12.93
Geez, that's great.
But nvda is supposed to be a High Tech Growth Stock.
Not some old rusty smokestack Value Stock.
Mind you, there are no hard assets here, like factories or anything.
And even worse, it's Not growing.
Oh no no no.
nvidia is Shrinking.
Minus (-15%) growth in revenue -- says the current CEO.
So what's the value of a High Tech SHRINKING Stock?
Not a whole lot of demand for those, right?
There sure isn't.
Come on back -- when you've got a formula for High Tech SHRINKING stocks.
Hint : It's got a Ten Dollar handle.