Jul. 10 at 2:01 PM
$NVDA's forward P/E has fallen to its lowest level since 2019 (per Yahoo Finance) —but AI growth remains strong.
📉 Wall Street sees limited near-term upside, while
$SMH,
$SMHX,
$GXPT &
$SHOC offer diversified exposure to NVIDIA and the AI chip theme.
🔗 Read more here 👇 https://www.zacks.com/stock/news/2951094/nvidia-valuation-falls-to-multi-year-low-value-play-or-value-trap?_gl=1%2A1l3t7go%2A_up%2AMQ..%2A_ga%2ANjkwNTUzNzkuMTc4MzY2OTUyMg..%2A_ga_MXXMZ1PBF7%2AczE3ODM2NzIwMzEkbzIkZzAkdDE3ODM2NzIwMzEkajYwJGwwJGgxNjM0NDg1MjEw&cid=sm-stocktwits-0-2951094-oc-38736&ADID=SYND_STOCKTWITS_TWEET_0_2951094_OC_38736