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Nvida has a P/E of 47. While it may be a bit high for a semiconductor company, it's definitely not a meme stock figure.
by httpz 2y ago
Nvida has a P/E of 47. While it may be a bit high for a semiconductor company, it's definitely not a meme stock figure.
- snailmailstare 2y agoYes and no, going from 47 to 50 would buy a few of the most popular meme stocks so there simply aren't enough people to make it a true meme stock with that market cap.
- anon291 2y agoThe forward PE is half that based on real numbers of future orders reported in company reports.