Our 15-month P/E chart reveals stark valuation trends for TSLA and NVDA. TSLA’s P/E, after wild swings from 940.89 in 2020 to 30.64 in 2022, dropped to 124.84 from 161.23 on March 21—a 46% discount to its 5-year average (229.65). This signals a valuation repair reversal, especially after its 11.93% rebound on March 24. I’m going long on TSLA, targeting a short-term trade with plans to take profits between April 7-11, 2025, in the $330-$350 range, given its strong momentum. Conversely, NVDA’s P/E fell to 41.32 from 52.09, continuing a 13% YTD downtrend. Its 3.15% gain on March 24 is just a splash in a weak trend, with no reversal in sight. I’m skipping NVDA due to its lack of momentum.
I’m long on TSLA, targeting $330-$350; NVDA remains a pass. Find trading ideas at tutudata.ai!
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