'Dean of Valuation' Aswath Damodaran cashed in his Nvidia stake after the chipmaker's scorching stock rally
after its blistering rally to a $1 trillion valuation because of his commitment to value investing.
"The run up has been just so astonishing that I cannot in good conscience hold on to it and call myself a value investor," the Stern School of Business professor told the network.touched a $1 trillion valuation for the first time
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NYU's Damodaran says he sold half his stake in this outperforming chipmaker for one simple reasonAswath Damodaran sold half his stake in this chip stock after its recent share surge for one simple reason.
Read more »
Nvidia shares pull back after recent surge. Here’s what the pros have to sayPros on CNBC discussed Nvidia after the stock fell Wednesday.
Read more »
Nvidia stock price outlook: 26% upside after AI supercomputer launchNvidia stock can still climb another 26% as supercomputer launch solidifies its lead in the AI arms race, Bank of America says
Read more »
Morgan Stanley: This stock provides a cheaper way to play Nvidia's A.I. boomMorgan Stanley says one global stock is a 'key beneficiary of NVDA's AI opportunity.'
Read more »
Nvidia CEO Jensen Huang made bulk of his $36 billion fortune this yearNvidia CEO Jensen Huang made the bulk of his $36 billion fortune this year following chipmaker's stock surge
Read more »
Nvidia has AI to thank for entering the $1 trillion clubNvidia joined the likes of Apple, Microsoft, and Amazon to become one of a handful of US companies with a trillion-dollar valuation.
Read more »