Key Points In 2010, four self-driving vehicles drove more than 8,000 miles from Italy to China. The vehicles had solar-powered laser scanners and a host of video cameras that analyzed the environment and made navigation decisions in real time. “We didn’t know the route,” one of the researchers involved explained. “I mean what the roads…
Without a doubt, Tesla (NASDAQ: TSLA) is one of the most intriguing stocks on the market. The polemical views on the company portray it as either a damaged brand with an aging lineup of vehicles on the cusp of being exposed as a hugely overvalued car company — or a technology company about to explode…
Key Points Artificial intelligence (AI) isn’t a fleeting trend; it’s here to stay and will shape investors’ profits for years to come. So, I think investors should adopt a decade-long mindset and position their portfolios accordingly. Three stocks that I think fit perfectly inside this framework are Taiwan Semiconductor Manufacturing (NYSE: TSM), Amazon (NASDAQ: AMZN),…
Key Points Limiting investors to only buying one stock is difficult. It requires them to balance risk and reward, and to take a look at current market conditions to pinpoint where their convictions are. For me, I think it’s fairly easy. If I were to choose only one artificial intelligence (AI) stock to buy and…
Key Points Broadcom is now worth more than Tesla, with a market value above $2 trillion. Its AI revenue more than doubled last quarter, driven by custom chips and networking. The stock trades at about 87 times earnings, leaving little room for error. 10 stocks we like better than Broadcom › While Nvidia and Tesla…
Key Points Being the largest and being the most important company aren’t necessarily the same thing. Nvidia (NASDAQ: NVDA) is the largest company by a fairly wide margin — at the time of this writing, it has about a $500 billion lead over second-place Alphabet — but does that mean it’s also the most important?…
Key Points Nvidia’s fiscal first-quarter revenue rose 85% year over year, an acceleration from the prior quarter. The company raised its dividend 25-fold and authorized another $80 billion in buybacks. Guidance for the current quarter assumes no data center compute revenue from China. 10 stocks we like better than Nvidia › When a company is…
Key Points The Vanguard Information Technology ETF offers broad exposure to the technology industry. With more than one-third of its portfolio allocated to semiconductors, it’s well-positioned to ride the artificial intelligence (AI) wave. Over time, this fund could potentially help you generate substantial wealth. 10 stocks we like better than Vanguard Information Technology ETF ›…
Key Points Jensen Huang believes hyperscalers need to continue to spend on AI, simply because “compute is profit.” Spending on AI could top $4 trillion by the end of the decade, according to Nvidia’s own estimates. If that’s true, the stock may be incredibly undervalued. 10 stocks we like better than Nvidia › Hyperscalers are…
Key Points Broadcom’s expensive valuation has weighed on the stock so far this year, but investors shouldn’t miss the terrific acceleration that it is poised to deliver. Analysts seem to be underestimating Broadcom’s earnings growth potential. It won’t be surprising to see Broadcom becoming a multibagger. 10 stocks we like better than Broadcom › Broadcom…