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Nvida has a P/E of 47. While it may be a bit high for a semiconductor company, it's definitely not a meme stock figure.


The forward PE is half that based on real numbers of future orders reported in company reports.


Yes and no, going from 47 to 50 would buy a few of the most popular meme stocks so there simply aren't enough people to make it a true meme stock with that market cap.




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