This Healthcare Stock Trades at a Richer Valuation Than Nvidia. Could It Also Deliver Bigger Long-Term Returns?
Key takeaways
- NVDA ISRG Nvidia (NASDAQ: NVDA) is at the forefront of the worldwide artificial intelligence (AI) revolution now unfolding.
- There s no question about it, AI is already having a profound impact on the world.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA ISRG Nvidia (NASDAQ: NVDA) is at the forefront of the worldwide artificial intelligence (AI) revolution now unfolding. Investors have rewarded the stock, affording it a lofty price-to-earnings ratio of 31x. That number looks small compared to Intuitive Surgical s (NASDAQ: ISRG) 50x P/E. Here s why investors could be shocked by the potential offered by Intuitive Surgical, which actually looks cheap compared to its own history right now.
There s no question about it, AI is already having a profound impact on the world. And the poster child for the AI revolution taking shape is Nvidia, a company that makes high-powered computer chips. At the end of the day, AI is just a fancy computer program, so chips are very important. Nvidia is doing very well right now as a business, as companies work to build out their AI capabilities.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »