At a forward P/E ratio of approximately 24 and a PEG ratio of 0.65, Nvidia (NASDAQ: NVDA) is recognized as a top growth stock available at a value price. The company’s revenue surged by 62% last quarter to $57 billion, marking a remarkable increase from $5.9 billion in the same quarter of fiscal 2023. This impressive growth trajectory suggests that Nvidia’s expansion is far from over. As such, it remains an attractive investment opportunity for growth-oriented investors.
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