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1 Obvious Metric That Makes Nvidia a Top Stock to Buy Now

The Motley Fool·
1 Obvious Metric That Makes Nvidia a Top Stock to Buy Now

Nvidia's forward P/E ratio suggests significant upside potential as the market has not priced in the company's expected 70% revenue growth for next year. With a forward P/E below 14x compared to its current trailing P/E of 28x, the stock could potentially double by January 2028 if earnings expectations are met and valuation multiples remain stable. Strong demand from AI hyperscalers with locked-in capital expenditure plans supports the growth thesis.

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