Analyst Predicts Nvidia's Price Will Fall from Unsustainable Heights
An analyst has described Nvidia's stock price as "frothy" and unsustainable, with a price-to-earnings ratio of 97, far exceeding its trillion-dollar peers. Despite the company's significant gains and its position as the third largest US company, the analyst believes that the stock's current price is difficult to maintain. While the broader market is rallying, Nvidia's meteoric rise is attributed to optimism and a desire for innovation, rather than solid fundamentals.
