The Market Forgot Nvidia: Big Mistake

James FoordInvesting Group LeaderFollow5ShareSavePlay(6min)Comment(1)SummaryNvidia Corporation is historically undervalued, trading at a forward P/E of 21.46 despite robust AI demand and earnings growth.NVDA has lagged AI peers in recent months, yet GPU rental prices and market fundamentals signal rising demand and potential outperformance.NVDA EPS is projected to reach $8.30 by year-end, supporting a price target of $222–$270, with technicals suggesting potential for $300.Concerns over market saturation and hyperscaler diversification are already priced in, while NVDA’s ecosystem and market share remain dominant.Looking for a portfolio of ideas like this one? Members of The Pragmatic Investor get exclusive access to our subscriber-only portfolios. Learn More » sankai/iStock via Getty Images Thesis Summary Nvidia Corporation (NVDA), once the undisputed king of AI, seems to have been forgotten by investors. Interest has moved beyond GPUs and into the new AI bottlenecks like memory. And even within GPUs, Nvidia’s dominanceThis article was written byJames Foord27.67K FollowersFollowJames Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth.

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