Author sees Nvidia's valuation as fair and expects the stock to move with earnings as market doubt fades.
NVDA — LONG The author argues Nvidia's valuation is fair and that once the market accepts a stable P/E, the share price should move with earnings. He expects the market to shift to buying the news as earnings confirmations arrive, after having sold the rumor.
now that we reached a stable PE if the E moves I expect the P to also move.