![]() ![]() NVIDIA is a good investment for the long term, because of the company's market leadership.Īs per the chart below, NVDA's share of the GPU (Graphics Processing Units) AIB (Add-in Board) market (as represented by the GeForce graphic cards or the green line in the chart) has consistently remained above 50% since the third quarter of 2005. ![]() The good long-term outlook and reasonable valuations make NVDA stock a Buy in my view. In terms of valuations, NVDA's forward P/E multiple has also more than halved from its peak. NVIDIA will be a more profitable company with a more balanced sales mix by market in 10 years' time based on my analysis. ![]() As such, I choose to focus on NVIDIA's long-term outlook (as opposed to its medium-term prospects), or more specifically where the company will be in the next decade, in my current article. Given that no one knows how long the current bear market will last and that a recession seems to be the base case scenario for most investors, it is critical to extend one's investment time horizon. #Nvda stock forecast 2018 update#In my prior update for NVDA written on March 28, 2022, I touched on NVIDIA's growth prospects in the intermediate-term or the next five years, by making reference to metrics disclosed by NVDA at the March 2022 Investor Day and the sell-side's consensus financial projections for the company. I upgrade my rating for NVIDIA Corporation's ( NASDAQ: NVDA) stock from a Hold to a Buy. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |