Analyst Sounds the Valuation Alarm Bell on Nvidia’s Hot Stock

With the news headlines saturated by so many heavy impact events, it has almost been forgotten that the earnings season is not over yet.Next week will see one of 2020’s star performers step up to the plate. Nvidia (NVDA) will report quarterly results on Wednesday, November 18, and avid Street watchers will be keen to find out if the semiconductor giant hit another home run.So far, Nvidia has had an excellent 2020. The company has been a prime beneficiary of Covid-19 driven secular trends such as gaming and data center, Nvidia’s main bread winners.Overall, Deutsche Bank analyst Ross Seymore anticipates …read more

Source:: Yahoo Finance


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