Can NVIDIA Recover in 2019? -- The Motley Fool
Investors in NVIDIA (NASDAQ:NVDA) had a rough 2018. Last year, the stock fell a highly unpleasant 31% (including dividends). Still, over the past three years, the stock is up a whopping 450%. At roughly $150 per share at the time of this writing, NVIDIA now trades at a reasonable P/E ratio of 20, a discount to the market and the Nasdaq Composite index overall. The problem? NVIDIA's forward P/E is also 20, meaning the market doesn't believe the company will grow its earnings at all in the coming year.
Jan-24-2019, 23:30:54 GMT