|Bid||34.77 x 100|
|Ask||34.98 x 400|
|Day's Range||34.59 - 34.97|
|52 Week Range||33.23 - 38.45|
|PE Ratio (TTM)||15.04|
|Dividend & Yield||1.09 (3.14%)|
|1y Target Est||N/A|
SEOUL, South Korea (AP) — No leader and scorched Note 7 smartphones? No problem.
Over the last two years, plenty of investors and analysts have argued that NVIDIA Corporation (NASDAQ:NVDA) was overvalued. To put those post-report gains in context, NVDA stock has added roughly $35 billion in market value since May 9. Just as stunningly, Nvidia stock now trades at nearly 54x next year’s consensus earnings estimates.
As the chipmaker takes aim at markets that Intel and Nvidia have long dominated, its aggressively-priced products simply need to be 'good enough' to find buyers.