Little bit of stocks

 Market has gone up nicely since last post. S&P 500 is trading at $436, with PE ratio at 25.

Interesting stock these days is NVDA. It is trading at $433. Looking at valuation it has price to sales ratio of 40 ! Revenue is close to $26bill and market cap is $1Trillion. Trailing PE ratio is 226 and forward PE ratio is 58.

They are the leader in AI market but is the valuation justified ? We will get some idea next week when the earnings are released.

After earnings - NVDA is trading at $470. Not too bad !

Funny, as of 2/26/2024, NVDA is trading at $790. Its PE ratio is 66, that is after stock increased by 60% in last 6 months. Price to sales ratio is fairly high at 34.