Nvidia: too rich even for Cathie Wood
It’s not every day that Cathie Wood labels a stock market darling of the innovation economy too expensive.
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It’s not every day that Cathie Wood labels a stock market darling of the innovation economy too expensive.
Nvidia Corp.'s outsized jump has prompted an unusually skeptical response from Cathie Wood, manager of the ARK Innovation ETF. Read on.
Cathie Wood stated that Nvidia stock is priced ahead of the curve and trading at 25X expected revenue for this year.
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