Nvidia stock sends valuation signal for first time in 13 years

Nvidia (NVDA) stock’s latest selloff just sent an unusual signal, and one which investors haven’t seen in years. After the stark AI-driven selloff in tech stocks, Nvidia effectively broke a 13-year pattern of trading at premium valuations, ahead of the S&P 500. After its recent slide, as per reporting from Barrons’, it’s now trading at nearly 19.7 times forward earnings, just under the S&P 500’s roughly 20.3 times, a steep reversal after years of premium pricing. That shift comes at a time when Nvidia’s ...