Nvidia Looks 22% Undervalued Here Based on Projected FCF Margins
Nvidia, Inc. (NVDA) stock looks at least 22% too cheap here, based on its strong free cash flow (FCF) margins (i.e., using a 39% FCF margin) and using a 2.0% FCF yield valuation metric. Put premiums are high, making shorting out-of-the-money puts attractive. NVDA closed at $188.15 on Friday, Nov. 7, off its recent peak…