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Benzinga
Benzinga
Business
Adam Eckert

Why This Investor Just Bought Nvidia Stock And Will Be 'Adding To It Over Time'

NVIDIA Corp (NASDAQ:NVDA) shares have been beaten down by the market over the last few months, but as the stock price falls, the valuation becomes more attractive, which has created an opportunity to buy growth at a reasonable price, according to Cerity Partner's Jim Lebenthal.

"The multiple is almost [cut] in half, looking on a forward basis," Lebenthal said Tuesday on CNBC's "Fast Money Halftime Report."

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