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NVIDIA Corporation (NVDA): A Bull Case Theory

We came across a bullish thesis on NVIDIA Corporation (NVDA) on Kontra Investments Substack. In this article, we will summarize the bulls’ thesis on NVDA. NVIDIA Corporation (NVDA)'s share was trading at $139.19 as of 29th May. NVDA’s trailing and forward P/E were 45.85 and 31.25 respectively according to Yahoo Finance.

NVIDIA Corporation (NVDA) once again exceeded Wall Street expectations, marking its eleventh consecutive quarter of outperformance with first-quarter revenues of $44.06 billion, a 69% increase year-over-year. Profits surged 26% to $18.8 billion, and adjusted EPS...