The company beat both sales and earnings expectations last quarter by a healthy margins. Adjusted EPS came in at $.81, a good amount ahead of Wall Street's expectations of $.74.

NVDA shares don’t look that pricey, at a next 12-months (NTM) price-to-earnings (PE) multiple of 35x. Nvidia has a lot of growth runaway ahead, and the stock still has room to run higher from ...