TECH - Fund Manager Weighs In On AI 'Lead Horse' Nvidia's Heady Valuation: 'Hard To Call It A Bubble' | Benzinga
Nvidia Corp. (NASDAQ:NVDA) shares rallied sharply on Tuesday and the gain helped the market cap of the AI stalwart to swell to over $2.8 trillion. Commenting on the stock move, fund manager Louis Navellier said, “It’s another NVIDIA day, in an NVIDIA year.”
The Fantastic Five: The AI theme has lifted the “Fantastic 5,” comprising Nvidia, Meta Platforms, Inc. (NASDAQ:META), Microsoft Corp. (NASDAQ:MSFT), Amazon, Inc. (NASDAQ:AMZN) and Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) to “unprecedented” valuations, said Navellier in a note to clients.
?”They are the only ones ...