Reported 8 months ago
CapWealth founder and chief investment officer Tim Pagliara expressed caution regarding Nvidia's long-term prospects, citing concerns about the company's market cap growth and sustainability. Pagliara suggested that investing in companies supporting AI infrastructure, like energy firms, could be a more profitable and stable option. He highlighted the increased energy consumption associated with AI and identified companies such as GE Vernova as potential beneficiaries. Pagliara's insights underscore the importance of considering alternative investment opportunities beyond Nvidia in the evolving tech industry.
Source: YAHOO