finance1 year ago
"Experts Warn of Overvaluation as Wall Street Eyes Bitcoin ETFs"
As Nvidia's stock continues to surge, NYU's "Dean of Valuation" Aswath Damodaran believes the company is "particularly overpriced" at its current levels. Damodaran, known for his expertise in valuing companies, expressed concerns about the stock's valuation following its significant rise this year. Nvidia's shares have seen a sharp increase in value, prompting caution from experts like Damodaran who believe the stock may be overvalued.