Missed Out on Nvidia? Buy ASML Stock Instead

Nvidia (NVDA -0.12%) stock's artificial intelligence (AI)-powered surge has sent its valuation to incredible levels, putting the chipmaker well out of reach of value investors looking to capitalize on the proliferation of this technology.Nvidia's sales multiple of 36 and trailing earnings multiple of 73 are significantly higher than the technology sector's price-to-sales ratio of 7.2 and earnings multiple of 45. Of course, Nvidia's forward price-to-earnings ratio of 35 indicates that the semiconductor bellw ...