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AI's Winners, Losers And Wannabes: An Nvidia Valuation, With The AI Boost

technology

I will start this post with a couple of confessions. The first is that my portfolio has held up well this year, in a market that has been top-heavy and tech-driven, and one big reason is that it contains both NVIDIA (NASDAQ:NVDA) and Microsoft (MSFT), two companies that have benefited from the AI story. The second is that much as I would like to claim credit for foresight and forward-thinking, AI was not even a speck in my imagination when I bought these stocks (Microsoft in 2014 and NVIDIA in 2018). I just happened to be in the right place at the right time, a reminder again that being lucky often beats being smart, at least in ...

seekingalpha.com     Jun 24, 2023