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Leading technology company Nvidia Corporation (NVDA) feels the heat when oil prices are on fire.
Nvidia's stock valuation is 51.56% below its 5-year average forward price-to-cash-flow ratio.
KEY POINTS
- Despite a 73% YOY revenue increase, Nvidia trades at only a slight premium to the S&P 500.
- Nvidia's projected Q1 revenue of $78 billion exceeds analyst expectations by over $5 billion.
- Geopolitical instability in the Middle East and high oil prices are compressing Nvidia's valuation.
COMPANIES
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