Nvidia is one of the most expensive stocks in the S&P 500.
Nvidia is not the first giant tech company to trade at a rich valuation. The one that people often compare it to is Cisco, one of the darlings from the dot com era. We can’t compare things to the future, so we look to the past.
Cisco sported an $8.9 billion market cap on the opening day of 1995. At its peak just over five years later, it was $556 billio…
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