Nvidia may be the stock of the decade, investor says

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Nvidia may be the stock of the decade, investor says

Listen and subscribe to Opening Bid on

This is the hidden content, please

• Sign In
• or
• Sign Up

,

This is the hidden content, please

• Sign In
• or
• Sign Up

,

This is the hidden content, please

• Sign In
• or
• Sign Up

, or wherever you find your favorite podcasts.

Nvidia (NVDA) remains as dominant as ever, one longtime bull says.

“No one can compete with Nvidia,” Navellier & Associates founder and chairman Louis Navellier told me on Yahoo Finance’s Opening Bid podcast (see video above or listen below). “They have a monopoly on generative AI chips.”

His firm has about $1 billion in assets under management.

Navellier originally purchased Nvidia’s stock in May 2019 and has been holding on ever since. His bullishness stems in part from the company’s leading chip technology but also from the impressive leadership of founder Jensen Huang.

“You should hold Nvidia until the end of the decade,” Navellier added.

This embedded content is not available in your region.

The Street is sticking with Nvidia into its market-moving earnings report after the close of trading on Wednesday, Feb. 26.

Despite China-based DeepSeek rocking the super-bullish AI thesis earlier this year, Wall Street still sees Nvidia profiting from the global buildout of AI infrastructure. Aggressive 2025 capital expenditure assumptions by hyperscalers such as

This is the hidden content, please

• Sign In
• or
• Sign Up

(AMZN) and Meta (META) shared during this earnings season underscore the point.

“Over the coming decades, the investment [in artificial intelligence] is happening,” Russell Investments chief investment officer Kate El-Hillow told me on Opening Bid.

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) 2025 in Las Vegas, Nev., on Jan. 6, 2025. (Artur Widak/Anadolu via Getty Images) · Anadolu via Getty Images

However, that’s not to say there aren’t signs of caution going into Nvidia’s earnings report.

Yahoo Finance data shows Nvidia’s first quarter earnings per share (EPS) trend has drifted modestly lower over the past 30 days. The Street has also not pushed up its 2025 EPS estimates on Nvidia for more than 60 days.

Nvidia is also among the most cheaply valued AI stocks at the moment.

This is the hidden content, please

• Sign In
• or
• Sign Up

On a forward price-to-earnings (PE) multiple basis, Yahoo Finance data shows Nvidia trading at 29 times forward earnings. Broadcom (AVGO) and Marvell Technology (MRVL) are valued at 35 times and 41 times, respectively. Arm Holdings (ARM) clocks in at 72 times.

But the Nvidia bulls continue to be unshaken.

Listen:

This is the hidden content, please

• Sign In
• or
• Sign Up

“We expect another robust performance and ‘clear beat and raise special’ this week from Nvidia that should calm the nerves of investors as Jensen Huang lays out the massive demand drivers from Blackwell and AI Capex in the field fueling this 4th Industrial Revolution,” Wedbush analyst Dan Ives wrote in a client note on Monday.

StockStory aims to help individual investors beat the market.

Three times each week, I field insight-filled conversations and chats with the biggest names in business and markets on

This is the hidden content, please

• Sign In
• or
• Sign Up

. You can find more episodes on our video hub or watch on your preferred streaming service.

Click here for the latest stock market news and in-depth analysis, including events that move stocks

Read the latest financial and business news from Yahoo Finance

This is the hidden content, please

• Sign In
• or
• Sign Up

#Nvidia #stock #decade #investor

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up