RE:NVIDIA cheaper is than AMAZON, Microsoft and Costco whenlong342 wrote: comparing their P/E ratios. Looks like there is room for the share price increas for sure. Target is $900.
Yes, I believe you are correct on that. I noticed book value ratio also still indicates undervalued.
The barrier to enter at the moment is cost per share for retail investors. I think many have budgets that would not allow them to purchase much for share count while allowing a reasonable contingency as reserve to average down should it be necessary.
If this trends like Tesla or Amazon then I would not be surprised to see a forward split occur to bring the shareprice more into range for retail investors and then (maybe) a share buyback program.
Anyhow, congrats to the Bulls that had the foresight to get in early.