How Patience Discounts the Premium on NVIDIA Stock
Photo by manseok_Kim on Pixabay The sticker price on the world's most important chipmaker is high, but the multiple you are actually paying
Photo by manseok_Kim on Pixabay The sticker price on the world's most important chipmaker is high, but the multiple you are actually paying two years from now is another story entirely. With its data center revenue growing 92% year-over-year, it is no surprise that NVIDIA (NVDA) commands a premium.
The stock trades at about 30.7 times its last twelve months of earnings, a multiple that gives many investors pause. But that headline figure is not the price a patient holder is really paying.
First reported by finance.yahoo.com.
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