Nvidia: Did You Miss The Opportunity?
Nvidia rallied to new highs on strong earnings growth.
The stock value is generally misunderstood by the market with the analyst focus on GAAP numbers that underestimate the earnings power of the company.
The revenue shift toward growth areas sets Nvidia up for solid revenue growth and leaves the stock with a relatively cheap valuation.
My previous research focused on how Nvidia (NASDAQ:NVDA) was a relatively cheap stock when factoring in the non-GAAP numbers and the large cash balance. The graphics chip company has mostly avoided the tech wreck of late due to a focus on growing gaming, datacenter and automotive markets.
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