Nvidia's Story Makes Sense but Its Stock Price Doesn't: Damodaran
The NYU finance professor known as the 'Dean of Valuation' thinks Nvidia would have to dominate the whole AI market to justify its current price.
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The NYU finance professor known as the 'Dean of Valuation' thinks Nvidia would have to dominate the whole AI market to justify its current price.
JPMorgan's Marko Kolanovic noted it's a "worrisome signal" that tech stocks are surging at a time when interest rates are moving higher.
"Net-net, we gain more confidence Nvidia can support long-term earnings per share above $20, based on 65% accelerator market share," BofA said.
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