AI Dominance: 2 Stocks Set to Outperform Nvidia for the Remainder of 2024
Los Angeles, California – Nvidia, a leading tech company in the artificial intelligence (AI) field, has experienced significant growth in recent quarters, with its revenue tripling year over year. This growth has propelled the stock price up by 149% in the first half of 2024. Despite these impressive gains, there are concerns about Nvidia’s valuation being stretched, as its forward price-to-earnings ratio has increased from less than 30 to 45 times this year’s consensus earnings …