Wall Street fund giants bluntly stated: Nvidia's market value is still underestimated.
Billionaire investor and Wall Street hedge fund giant Dan Loeb believes that Nvidia's valuation is underestimated, and its profit-making potential is being overlooked by investors. He further explained that Nvidia's massive size has become a psychological barrier in the minds of investors, especially for hedge funds and long-short strategy investors. Due to its huge valuation, they instinctively believe that the stock should be a natural target for short-selling.
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