Nvidia’s stock is doing things not seen in nearly a decade — and that’s good news

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Nvidia Corp.’s stock looks especially enticing in light of its recent selloff, according to a Bernstein analyst.

Shares of Nvidia

NVDA fell 8.7% in Monday trading, and they’re off 15% to start the year. But that means the stock now stands out on several components of valuation, Bernstein’s Stacy Rasgon wrote.

This post was originally published on Market Watch

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