Investor Calls Nvidia Stock ‘A Screaming Buy’ Amid AI-Driven Surge
Nvidia''s stock has soared 38% in two months, reclaiming its position among Wall Street''s top two most valuable companies. The AI chipmaker''s latest earnings report underscores robust fundamentals, with emerging revenue streams from GCC markets like Saudi Arabia offsetting Chinese market restrictions.
Despite the rapid appreciation, pseudonymous investor Perseus Perspectives argues the valuation remains attractive. ''Nvidia’s EPS growth and profitability outpace peers, creating a compelling entry point,'' the investor noted, citing CEO Jensen Huang’s success in diversifying international demand.