Nvidia stock still looks cheap despite 200% plus surge: strategist

News Snapshot:

Maybe Nvidia's (NVDA) stock isn't grossly overvalued after a sizzling 237% gain this year, given the arms race to unleash new AI superpowers on the world. "I think there is a chance for it [to become the world's most valuable company] to happen," veteran tech analyst Paul Meeks said on Yahoo Finance Live. "You think about it, it's going to have to increase its market cap at least 100% from here. I think it could happen, but I would not be bold enough to make that claim yet." Nvidia is viewed as holding the pole position in the AI space...