Getting NVIDIA at a forward P/E ratio of just 20x is like finding a luxury supercar priced like a used hatchback. The market is completely ignoring that its infrastructure demand is fundamentally capacity constrained, not demand constrained.
Big Tech hyperscalers are continuing to increase their Capex targets. With NVIDIA reporting its next earnings on August 26, the truth will be revealed that NVIDIA actually runs the global computing grid.
The AI infrastructure isn't stopping and Jensen Huang isn't trading his signature leather jacket for a cardigan anytime soon.
The 12 month average target price for NVIDIA is USD 304.26, an upside potential of 47%. It is time to buy more NVIDIA stock before it goes higher.
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