$NVDA is the future. It's probably the biggest and most important stock in the US (probably the world). It’s currently worth roughly $5 trillion, and many people say it’s “overvalued”. But Nvidia is reporting that the huge demand for its AI chips is well clear and visible into 2027. It has a current forward P/E (price to earnings) ratio of roughly 27x. This might look high at first but it's actually been falling for years (image 2). Nvidia is not overvalued, it’s just an absolute beast of a company.