Nvidia: The Greatest Company At A Fair Price

Nvidia Corporation remains a Strong Buy, as I anticipate robust forward guidance and continued execution on the Rubin ramp. Key metrics to watch are next quarter’s revenue guidance, $1T visibility extension, gross margin resilience amid HBM4 costs, and financing platform disclosures. NVDA stock trades at a forward P/E of 23.1 and outperforms peers in growth, profitability, and return metrics, supporting its premium valuation. Competitive risks from AMD and in-house silicon, plus hyperscaler CapEx digestion, warrant monitoring but do not outweigh NVDA’s dominant positioning.

I last covered Nvidia Corporation (NVDA) back in early July, following a drawdown, as I argued that it was an opportunity to pounce. It has since gained over 10%.