Volatile valuations
Few things are as fickle as the market’s expectations for a growth stock. Over the past five years, chip maker Nvidia has traded as low as 20 times forward earnings and as high as 73 times.
Few things are as fickle as the market’s expectations for a growth stock. Over the past five years, chip maker Nvidia has traded as low as 20 times forward earnings and as high as 73 times.
