2024-04-02 10:45:00 ET
Investing to hold a stock for decades requires a different perspective. Valuations matter less when you're looking so far ahead. It's more about strong fundamentals, big-picture trends, and how a company plants seeds for long-term growth.
Chip company Nvidia (NASDAQ: NVDA) has received praise from Wall Street for its monster growth due to a surge in artificial intelligence (AI) chip spending throughout the technology sector.
But these long-term factors make it my top AI stock for the upcoming decades.
For further details see:
Here Is My Top Artificial Intelligence Stock to Buy and Hold for Decades