Nvidia, Micron and Broadcom Already Trade Like Cisco Post Dot-Com Burst: Bank of America
Bank of America’s Vivek Arya says Nvidia, Broadcom and Micron trade near 13x forward earnings, in line with Cisco after the dot-com crash.
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Why It Matters
A bank analyst says three big chip companies trade at prices similar to Cisco after a big crash. This means the market might be pricing in tough times ahead for these businesses.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.