Re: Nvidia (NVDA)
Posted: Fri Mar 29, 2019 2:28 pm
not vested
Nvidia Stock Is Still a Good Buy … Even At These Prices
by Dana Blankenhorn
Source: Investor Place
https://finance.yahoo.com/news/nvidia-s ... 57274.html
Nvidia Stock Is Still a Good Buy … Even At These Prices
by Dana Blankenhorn
At its Mar. 27 opening price of about $176 per share, Nvidia is selling at 26 times last year’s earnings, and 33 times this year’s expected earnings of $5.35 per share.
The market cap of $107 billion represents about 10 times last year’s revenue of $11.7 billion. The stock isn’t cheap.
Nvidia’s fiscal 2019, announced Feb. 14, showed $2.21 billion in revenue, down 24% from a year earlier, but full-year revenue of $11.72 billion, up 21% from fiscal 2018.
The company returned $1.95 billion to shareholders in stock repurchases and dividends and plans to increase that to $3 billion this year.
Source: Investor Place
https://finance.yahoo.com/news/nvidia-s ... 57274.html