Tom Nash on $NVDA (Oct 29, 2026)
NVDA is one of the best setups on the market: it lagged the S&P 500 over the past year (4% vs 12%) despite revenue up 106%, a 65% operating margin, a PEG of 0.3 and 13.5 times forward earnings; the discount comes from traders chasing newer, flashier names, not from the business.
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It doesn't matter if you put " Nvidia" here, or " Palantir", or the "S &P 500" index, as long as you're talking about a strong business that's growing in profits, or a broad market index, this is the chart you'll get .
The stock has achieved 740% over the past five years, which is unbelievable. But it did not rise in a straight line from here to here . This is a graph for 3 years . Look at what happened with a stock like "Nvidia", a top-tier stock. 49 , 147, then it went back down to 94, rose to 202, then dropped to 167, and climbed to 215. All of this happened in less than 3 years.
of course we have to talk about Nvidia, guys. Nvidia currently has one of the best settings I have ever seen . We are talking about a stock that, literally, made 4% over the past year. 4% compared to the 12% offered by the S&P 500 index.
Therefore, it lags behind the index. Imagine how bad a business you'd have to be to lag behind the S&P 500. Well, let's take a look. Revenues increased by 106%. Operating income rose by nearly 20%, and they have cash equivalent to twice their debt.
The price-to-earnings- to-growth (PEG) multiplier is now 0.3. One of the cheapest companies on the market. A company that is currently trading at 13.5 times future earnings and 17 times sales with an operating margin of 65%.
This is a monopoly on artificial intelligence in every sense of the word. This is the best you can get . The numbers are legendary and the stock is being sold at a huge discount .
Why? Because traders are obsessed with everything new and flashy, and this stock has been rising for a very long time, they moved on to something else. Well , this is now one of the best settings on the market.
a software monopoly just as Nvidia is in hardware.
Graphics Processing Units (GPUs), namely Nvidia and Google,