Summary
- NVIDIA Corporation (NVDA) offers compelling value with a sub-15x forward P/E and robust long-term EPS growth projections exceeding 20%.
- I prefer a pure long NVDA position over the YieldMax NVDA Option Income Strategy ETF (NVDY), which I rate as hold despite its strong YTD performance.
- Low implied volatility and a technical breakout to record highs diminish the attractiveness of call-selling income strategies on NVDA.
- Upcoming earnings, AI hyperscaler results, and progress on NVDA's $500B financing framework are key catalysts to monitor into year-end.
Robert Way/iStock Editorial via Getty Images
NVIDIA Corporation ( NVDA ) nearly hit the $6 trillion market cap level on Friday, October 2. The stock scaled to an all-time high for the first time since June 2 following a somewhat tumultuous summer. All told, the
