From The Motley Fool: 2024-06-20 09:00:00

Nvidia’s stock is soaring, up 27,500% in a decade, sparking concerns of overvaluation. Morningstar’s Brian Colello believes fair value post-stock split is $105, but shares are already at $136. Despite traditional metrics showing overvaluation, Nvidia’s AI potential could reshape the global economy and drive further growth. Competitors may struggle to catch up in the AI chip race. Fear of a bubble may overlook transformative AI technology’s true potential.



Read more at The Motley Fool: Is Nvidia Stock Still a Buy After Its 10-for-1 Stock Split?