Nvidia's stock sees one advantage that only two other chip makers share

You are probably aware that Nvidia Corp. shares have soared over the past year. But you might not know that as this has happened, the stock has become much more attractive by the most commonly used price-valuation metric.Shares of Nvidia NVDA closed at $788.17 on Friday, up 233% from a year earlier. The shares traded for 31.3 times the consensus earnings-per-share estimate of$ 25.20 among analysts polled by FactSet. Nvidia’s forward price-to-earnings ratio is high when compared with that of the S&P 500 , wh ...