“NVDA is an attractive value over the next 2 years with earnings growth far outpacing the stock price, a forward PE of 22.5, and potential to re-rate to $228-$261.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
I personally think Nvidia is a pretty attractive value over the next 2 years earnings per share, it's up 83% year-over-year
Nvidia stock, it's only up 18.3%. Meanwhile, the earnings have grown by 85% forwardlooking PE ratio, it's 22.5 they are a cash flow machine... $119 billion of free cash flow... up 65% year-over-year
Nvidia is trading 47% below that median multiple if they go up to a P ratio of say 35, that would imply the share price should be $228
The structured call
The receipt
Publish-day price $$202.81 · the claim is anchored to the moment it was said.