Nvidia Corp. (NASDAQ:NVDA) has pulled back from record high levels in recent sessions and yet has been a standout among stocks. An analyst on Thursday compared the stock with an American collegiate basketball legend.
What Happened: “Nvidia is the Caitlin Clark of the stock market,” said Charlie Bilello, Creative Planning’s Chief market Strategist.
The comparison came in the wake of Creative Planning‘s CEO Peter Mallouk sharing a chart comparing the points scored and assists by Clark and 9,718 Division 1 college hoops players this season.
The star basketball’s performance was a cut above the rest, going by the plotting. “That green dot in the far upper right corner is Caitlin Clark,” Mallouk said.
Bilello drew a parallel between Nvidia and Clark by plotting the past 10-year stock performances and earnings ...