Nvidia Stock: Not A Bargain Even After A Serious Correction
Summary
- Nvidia's stock is volatile due to US-China trade tensions, risking its significant reliance on Taiwan and potential recession impacts.
- Nvidia faces competition from high-tech majors, risking market share and profit margins, with slowing EPS growth despite strong past performance.
- Nvidia's stock is overvalued compared to sector averages, with high P/E and EV/EBITDA ratios, and deteriorating trade relations exacerbating risks.
- Despite strong fundamentals and cash reserves, Nvidia's slowing sales growth and profit margins, coupled with geopolitical risks, make the stock not a current bargain.
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