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Meanwhile, Nvidia will report earnings this Wednesday. On Monday, BofA analysts noted Nvidia "remains the most dominant stock in the market, driving 20% of S&P 500 return over the past year, and is ...
Nvidia has outperformed the S&P 500 by 172% year to date and 5% in the last month, points out EvercoreISI analyst Mark Lipacis. The stock trades on a forward P/E multiple of 37 times, a 54% premium to ...