19:08:46 EDT Tue 02 Sep 2025
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Nvidia CDR (CAD Hedged)
Symbol NVDA
Shares Issued 46,500,000
Close 2025-08-29 C$ 39.91
Market Cap C$ 1,855,815,000
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FP/wire say 42% revenue growth possible at Nvidia

2025-09-02 07:23 ET - In the News

Also In the News (C-NFLX) Netflix CDR (CAD Hedged)
Also In the News (C-SBUX) Starbucks CDR (CAD Hedged)

The Financial Post reports in its Tuesday edition that despite concerns about Nvidia's high market value, its revenue growth continues to attract investors. A Bloomberg dispatch to the Post reports that while its latest earnings were not as strong as expected, sales are still rising faster than the broader tech sector. Nvidia is projected to achieve at least 42-per-cent revenue growth over the next year, compared with about 10 per cent for the tech-heavy Nasdaq 100 Index. Nvidia's stock is becoming cheaper as analysts increase earnings estimates, trading at less than 33 times projected profits, down from 35 three weeks ago. The Nasdaq 100 is priced at 27 times, with 30 companies, including Starbucks and Netflix, having higher valuations. Glenview Trust's Bill Stone says: "If you went back a few years, people would've said that there's no chance a company this big could grow this fast. The valuation is certainly not out of bounds, especially relative to hyper-growers." Among megacap tech companies, Nvidia's valuation is less notable despite its faster growth. Microsoft and Apple are priced at 32 and 30 times estimated earnings, while Nvidia's revenue growth is expected to exceed their 14 per cent and 6 per cent.

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