History Says Nvidia's Stock Will Fall for 1 Simple Reason
For good reason, Nvidia (NASDAQ: NVDA) is the hottest stock on the market. The company is defining artificial intelligence and the shift in data center computing.
Technology has been through these shifts before, and even the most successful companies in the world weren't good investments at today's valuation for Nvidia. In this video, Travis Hoium shows how long it took Amazon, , and Cisco to live up to the multiples we see for Nvidia today -- if they did.
*Stock prices used were end-of-day prices of Feb. 25, 2024. The video was published on Feb. 26, 2024.
Source Fool.com
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