Nvidia Shares Riding On Huge AI Tailwind, Says Portfolio Strategist: Why Expert Says Stock Will Stay On An Upward Path For Next 2-3 Years
Nvidia Shares Riding On Huge AI Tailwind, Says Portfolio Strategist: Why Expert Says Stock Will Stay On An Upward Path For Next 2-3 Years
Grisanti said these hyperscalers are stockpiling but they can afford it even if the economy goes south since they have long-term plans and they have cash to continue to fund it.Nvidia Corp. (NASDAQ:NVDA) shares came back up on Monday following the 14% decline they clocked in the week ended Sept. 6. An equity market strategist weighed in on the stock trajectory and the artificial intelligence stalwart's valuation.
英伟达公司（纳斯达克股票代码：NVDA）股价在截至9月6日的一周内下跌了14％之后，于周一回升。一位股票市场策略师权衡了股票走势和人工智能巨头的估值。
Reasonable Valuation: Nvidia shares are trading at a 26 times multiple, in line with Coca-Cola and Procter & Gamble but are poised to grow revenue by 30% in 2025 and by 20% the year after, said Chris Grisanti, chief equity strategist and portfolio manager at Mai Capital Management, in a CNBC interview. The valuation is fairly reasonable, he said. "So that's what makes us interested and that's what checks our boxes and it's also called Nvidia," he added.
合理的估值：迈资本管理首席股票策略师兼投资组合经理克里斯·格里桑蒂在接受CNBC采访时表示，英伟达股票的交易价格为26倍，与可口可乐和宝洁持平，但有望在2025年收入增长30％，次年增长20％。他说，估值相当合理。他补充说：“因此，这就是我们感兴趣的原因，也是我们选中方框的原因，它也被称为Nvidia。”
The strategist also said he wasn't worried about the impact of a potential economic slowdown or inventory digestion by customers. "I'm not so afraid of that because they're not selling to consumers.....they're selling to Microsoft and Amazon AWS because these are businesses that are building out AI infrastructure," he said.
该策略师还表示，他并不担心潜在的经济放缓或客户消化库存的影响。他说：“我之所以不那么害怕，是因为他们不向消费者销售... 他们向微软和亚马逊AWS销售是因为这些企业正在建设人工智能基础设施。”
Grisanti said these hyperscalers are stockpiling but they can afford it even if the economy goes south since they have long-term plans and they have cash to continue to fund it.
格里桑蒂说，这些超大规模企业正在储备，但即使经济下滑，他们也能负担得起，因为他们有长期计划，而且有现金可以继续为之提供资金。
Imminent Risks: Grisanti said he was worried about possible competitors. "But we really don't see that yet," he added. He also expressed worries about antitrust concerns, which recently drove down the stock.
迫在眉睫的风险：格里桑蒂表示，他担心可能的竞争对手。他补充说：“但是我们还没有看到这一点。”他还对最近推低该股的反垄断担忧表示担忧。
The portfolio manager delved into valuation (based on forward price-earnings), which comes off as fairly inexpensive. "The market has a somewhat antiquated view of the semiconductor business," he said, adding that semiconductors are to the 21st century what oil was to the 20th century.
投资组合经理深入研究了估值（基于远期市盈率），结果估值相当便宜。他说：“市场对半导体业务的看法有些过时，” 他补充说，对于21世纪，半导体就像石油对20世纪一样。
A thriving economy can't be had without semiconductors and these stocks have become less cyclical now than they were 10 to 15 years ago, Grisanti said. "AI is just this huge tailwind that can certainly get Nvidia through the next two to three years," he added.
格里桑蒂说，没有半导体，就不可能有蓬勃发展的经济，而且这些股票现在的周期性已不如10到15年前。他补充说：“人工智能正是巨大的顺风，它肯定可以让Nvidia度过接下来的两到三年。”
In premarket trading on Tuesday, Nvidia shares rose 0.24% to $106.73, according to Benzinga Pro data. The iShares Semiconductor ETF (NASDAQ:SOXX) edged down 0.17% to $207.61.
根据Benzinga Pro的数据，在周二的盘前交易中，英伟达股价上涨0.24％，至106.73美元。iShares半导体ETF（纳斯达克股票代码：SOXX）小幅下跌0.17％，至207.61美元。
- Nvidia Down 14% Last Week – No Problem, Says Portfolio Manager, As He Sees Revenue And Stock Doubling Over In Next Several Years
- Nvidia上周下跌14％——投资组合经理表示，没问题，因为他认为未来几年收入和股票将翻一番
Image via Shutterstock
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