Nvidia is overvalued, says NYU Professor of Finance Aswath Damodaran

Aswath Damodaran, NYU Stern School of Business Professor of Finance, joins 'Closing Bell Overtime' to explain why he thinks Nvidia is overvalued, hubris in investing, and more.

[chloepeters]

What's better?, holding into crash or being safe with AMSRC23, SPY, IVV, Tesla stock hitting the scene so far. I know there are ETF's doing just fine despite fluctuations in capital market.

[geraldt]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

[r_o_]

11 months ago pre split he said the stock was worth $240 a share at the time it was more than $470 but it went above $ 1000 pre . This guy is clueless. Don’t listen to him.

[Donnafrank-ke]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[xm]

First overvalued, then not over valued a few weeks ago, and now it’s over valued again. I am so tired of this guy.

[greta-ck]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[jeremyjakob]

Last time he said it was overvalued it went up 60% lol

[CaptainMarvel]

If Nvidia is overvalued, what does that say about ServiceNow and Eli Lilly. 🤔

[underarmour]

This guy been saying it’s overvalued for over a year, it’s up like 100% since then lol

[jl]

I remember back in B-School, my Investments professor told the class that he was short Amazon because the valuation made no sense. This was in 1998. Anyways....

[tvm]

Even a stopped clock is right twice a day

[ambidextrousTrades]

Do you ever get it right Mr. Damodaran? You say the same thing every time yet the market proves you wrong each time.

[GlobalMan-nrhq]

Aswath Damodaran knows he is going to appear right in 2 of the 24 times he tries. So much for the Prof.

[darrendent]

Didn't this guy say the same thing several months ago?

[syedshah]

How is NVDA’s forward P/E of 30 with PEG ratio less than 1 over-valued?

[arlennercessian]

Ask him if a Costco chicken is fairly priced.

[LawrenceMarkFearon]

Professor said the same thing last year and look what Nvidia did.

[Dividendflywheel]

Professor Damodaran. I take my hat off. Be honest with the game you are playing. Trading or longterm investing. Simple yet profound logic

[hana_moon]

amazon's robots system is on nvidia's cuda, and amazon's AI chips and system are supplied by nvidia too

[elbarca]

Fundstrat's Tom Lee said on CNBC that small caps will go up 30% by the end of August. Aswath Damodaran just proven him wrong with a good explanation.