From The Motley Fool: 2024-05-14 07:19:00

Nvidia reports Q1 FY 2025 results on May 22, showcasing strong demand for GPUs in AI infrastructure. Companies like Meta Platforms and Tesla are investing in Nvidia GPUs for computing power, highlighting ongoing demand. Despite a high trailing P/E ratio, Nvidia’s forward P/E is reasonable at 36x, making it a potential buy before new product launches like the H200 GPU.

With strong demand and growth projections, Nvidia’s stock may be undervalued despite a high price. New product launches like the H200 GPU could further drive demand, making it an attractive investment before Q1 earnings. However, any misstep could trigger a sell-off, emphasizing the need to closely monitor Nvidia’s performance.



Read more at The Motley Fool: 3 Reasons to Buy Nvidia Stock Before May 22 (and 1 Reason to Sell)