I react to a recent interview with Prof. Aswath Damodaran from NYU, "The Dean of Valuation", who still thinks Nvidia stock (NVDA) is overvalued by the stock market, and that Nvidia has turned into one of the greatest momentum stock plays of all time.
Timestamps:
00:30 commentary: Nvidia reaches $3 Trillion market cap
04:33 Aswath Damodaran: NVDA overvalued but GOAT momentum play
Related episodes:
Aswath Damodaran: Nvidia Stock “Priced To The Point of Insanity”
Aswath Damodaran: Why The Stock Market Is Now Overpriced
Reference videos:
Bloomberg: Nvidia Market Value Tops $3 Trillion
CNBC: Nvidia hits a $3 trillion market capitalization for the first time as shares pop
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Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.