Nvidia stock currently trading at 4.21 Trillion USD and it is overpriced

Nvidia stock currently trading at 4.21 Trillion USD and it is overpriced.  When it is trading around 1 Trillion USD, we thought the stock had potential to hit 2 Trillion USD. This stock getting to 4 Trillion USD by this time is beyond our estimation.

Trading at 55 times of it's EPS with market cap of 4.21 trillion USD.

Nvidia definitely has monopoly in Chips and Hardware and AI as of today but will not be there in another 3 years.

Monopoly continuing for long term is not possible. Intel once upon a time has monopoly in chips industry and had it not come across competitors like Nvidia, AMD, Qualcomm and couple of others. Now Nvidia took major share in Chips industry.

How BYD and later 5 to 8 companies came in electric vehicles manufacturing sector to compete with Tesla when it has monopoly in electric vehicle industry for long time.

Mainly out of this Chips, it is not every year constant revenue will get generated.

Let us say some key data center they are establishing and they need chips at initial stage and then post 4 or 5 years but not each and every year. So the cycle of revenue is over 4 to 5 years related to repetitive revenue.

Anyways these are our thoughts why the stock is overpriced.  Mainly US is sitting over huge huge debt. This is also another drawback and we need to consider this for Nvidia also as it is Large Cap stock in US.

Companies below 100 Billion USD can trade at PE multiples of 50 to 60 which is generating continuously growth over 70% jump in revenue and net profit. 

Getting to Nvidia, this is already trading at 4.21 Trillion USD which is bigger than Annual GDP of many medium size countries. So probability for miracles to happen is less when compared and accounted Global economies and spending pockets as of today's date.

So be bit cautious before investing in this stock at current prices and do your own research.