Nvidia Stock Is Now Cheaper Than a Toilet-Paper Company, Data Shows
Nvidia's forward P/E fell to 15.2x, below Kimberly-Clark's 15.5x. The AI chipmaker now trades cheaper than 22 of 33 consumer staples stocks.
Stocks · News reference
Steve Hanke warns that semiconductors’ 15% market share and narrow AI-led gains make the U.S. stock rally vulnerable despite strong earnings.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Nvidia's forward P/E fell to 15.2x, below Kimberly-Clark's 15.5x. The AI chipmaker now trades cheaper than 22 of 33 consumer staples stocks.
VistaShares CEO highlights ETF opportunities beyond Big Tech as Wall Street shifts focus after the US midterm elections.
Unrealistic Expectations Please click here for an enlarged chart of State Street Health Care Select Sector SPDR ETF (NYSE:XLV). Note the following: As a reminder, we are politically agnostic. The momo
Ten U.S. tech giants erased about $1.74 trillion in market value Thursday as Nvidia, Micron and AMD led a post-midterm sell-off in AI and chip stocks.
Nvidia, Micron and eight other AI stocks fell below their 200-day moving average this week as the midterm vote hit AI spending bets.
SanDisk's 14-day RSI fell to 26.6 Thursday, its most oversold reading since April 2025, as shares slid 13% and extended a 34% weekly drop.