One analyst has raised concerns about the sustainability of NVIDIA Corp‘s (NASDAQ:NVDA) stock price, which has been on a meteoric rise due to the AI boom. What Happened: Sarah Kunst, managing director at Cleo Capital, expressed her doubts about the sustainability of Nvidia’s stock price in a recent CNBC interview. Kunst pointed out that the stock’s price-to-earnings ratio of 97 is significantly higher than its trillion-dollar peers, indicating a potential bubble, reported Business Insider. “I think the price that it’s at right now is very, very, very hard to maintain,” Kunst said. Despite the …
