Nvidia (NVDA) is one of the obvious beneficiaries of A.I., notes Frank Downing. He discusses how NVDA pulls back from highs after hitting a $1 trillion valuation Tuesday. He talks about how he believes that much of NVDA's upside is priced into the stock at 25X sales. He talks about NVDA's place in the A.I. race, as well as A.I. stocks to keep on your radar, including Twilio (TWLO) and Apple (AAPL). He goes over how we've been watching A.I. technology advance, so what investors are seeing is the market catch up to some of the research that's been going on for quite some time. Tune in to find out more about the stock market today.
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31 May 2023
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