2024-03-15 05:12:00 ET
Nvidia (NASDAQ: NVDA) was the best-performing stock in the S&P 500 in 2023. So far this year, it's also the best-performing stock in the entire index. The winners keep running higher as investors gravitate toward companies that are successfully monetizing artificial intelligence (AI).
Despite the company's red-hot returns, there are reasons to believe that Nvidia could grow into its valuation over time . But some investors may want to look outside the tech sector for AI opportunities. That's where GE HealthCare Technologies (NASDAQ: GEHC) and Deere (NYSE: DE) come into play. Here's why Nvidia and these two underrated AI plays could be worth buying now.
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If You Like Nvidia for Its AI Exposure, Then You'll Love These Two Stocks