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Is Nvidia Stock a Buy Before Nov. 17? Here's What I'm Doing.

The Motley Fool·
Is Nvidia Stock a Buy Before Nov. 17? Here's What I'm Doing.

Nvidia stock has sold off sharply following CEO Jensen Huang's admission of an affair with an alleged Chinese spy, raising national security concerns. However, the author argues investors should focus on the company's fundamentals: Q3 results are expected to show 91% revenue growth, with 70% projected growth for 2027. Trading at 22.6x trailing earnings and 11x forward earnings, Nvidia appears undervalued compared to its growth prospects and the S&P 500 average. The author recommends buying before the Nov. 17 earnings report, believing the stock could double by end of 2027.

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