Ahead of NVIDIA's earnings on May 24th a quick valuation factoid from everyone's favorite German commenter:
Party like it's 1999! This chart highlights how high the valuations have become. 20 companies, and thus one-fifth of the companies in the Nasdaq 100, are valued at a double-digit price/sales ratio. Nvidia is the most expensive stock, after having gained 114% this year alone. pic.twitter.com/x79SdvLdA2
— Holger Zschaepitz (@Schuldensuehner) May 21, 2023
