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Forget Nvidia: Consider These 2 Millionaire-Maker Stocks to Buy Instead [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
became the poster child for a boom in artificial intelligence (AI), snapping up an estimated 90% market share in AI chips. However, the chart above shows that Nvidia's meteoric rise has made it an expensive option compared to other tech stocks. Nvidia's forward price-to-earnings (P/E) ratio and price-to-sales (P/S) ratio are significantly higher than the same metrics for Intel (NASDAQ: INTC) and Apple (NASDAQ: AAPL) Forward P/E is calculated by dividing a company's current share price by its estimated future earnings per share. Meanwhile, P/S divides its market cap by its trailing-12-month revenue. These are useful valuation metrics as they consider a company's financial health alongside its share price. For both, the lower the figure, the better the value. As a result, Intel and Apple are trading at a bargain compared to Nvidia. So, forget Nvidia and consider these two millionaire-maker stocks instead. 1. Intel Shares in Intel have risen more than 135% since it went publi
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