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Is Nvidia Undervalued or Overvalued?

TheMotleyFool

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Is Nvidia Undervalued or Overvalued?: https://g.foolcdn.com/editorial/images/745710/electronic-circuit-board.jpg

Nvidia (NASDAQ: NVDA) shareholders might have had a confusing week last week. On the one hand, the company reported second-quarter earnings that smashed analyst expectations, along with forward guidance for 18.5% quarter-over-quarter growth. That annualizes to 74% growth.

Yet after an initial after-hours spike, investors actually sold the stock off following the report.

With Nvidia's stock running so much higher this year -- the stock has more than tripled, after all -- it appears Nvidia's stock may have priced in a lot of the good news already.

Source Fool.com

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