Justin Sullivan
Some time ago I wrote an article on Qualcomm (QCOM) saying that its business outlook was not very good but at the very least its stock was cheap. Nvidia Corporation (NASDAQ:NVDA) stock is
Nvidia Stock Is Not A Buy For A Value Investor
Summary
- Nvidia Corporation stock has surged to incredible highs, making it the most expensive and popular semiconductor company.
- Quarterly sales and earnings rose dramatically for Nvidia at the beginning of 2023.
- Despite the growth, Nvidia has not increased its dividend payouts since 2020, raising concerns about management's priorities.
- The company is far too overhyped and overvalued.
A research analyst and a freelance writer looking for value investment opportunities. I have several years of investing experience. I am mostly interested in writing about bargain stocks of large companies. My interest is not limited to American companies but extends to firms operating in other countries but listed on US stock exchanges.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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