Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): T.AX.UN | ARESF | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > Nvidia trading at 40 times sales

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Comment by Torontojayon Jun 27, 2024 10:47pm

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Post# 36110138

RE:RE:Nvidia trading at 40 times sales

DZtrader wrote: Earnings were up well in excess of 600 percent over last year. Many suggest they are still in early innings of their growth cycle. Perhaps that has something to do with it. Not unsimmilar to Amazon that traded at semi astronomical multiple in it's early days.

They said the same thing about Tesla. Earnings don't grow to the moon forever. A company trading at 70 to 80
times earnings can look very expensive if they have just one quarter of an earnings miss. Nvidia will have to execute flawlessly for a number of years and likely a decade to justify that multiple. There is a thing called competition too.

Btw, Nvidia is down ~ 11% since June 18th.

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