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Nvidia: Now the 2nd Cheapest Stock in the Mag 7

There’s a strange, almost mythic quality to Nvidia’s place in the stock market right now. It’s the kind of phenomenon that Wall Street professors will assign as a case study for the next 40 years: the company that became the oxygen supply of the AI revolution — a company that seemed too loved, too expensive, too parabolic — suddenly becomes… cheap? Cheap? Yes. Cheap. Not “bargain-bin, rummage-sale cheap,” but “shockingly reasonable given its dominance and growth runway” cheap. And not compared to the dusty corners of the S&P 500, but compared to the Magnificent Seven — that elite tech aristocracy that investors watch as if each one were a celestial deity. The Mag 7 used to be Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla — a lineup of heavyweights so dominant that economists began worrying whether antitrust regulators needed emotional support animals. But even inside that royal court, Nvidia is now something surprising: The second cheapest stock of the group. ...

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