Reported 4 months ago
The article suggests considering investing in Alphabet instead of Nvidia for exposure to the ongoing artificial intelligence (AI) trend. While Nvidia has showcased impressive performance with a significant increase in revenue and operating income, high market expectations have led to a lofty price-to-sales ratio. In contrast, Alphabet, valued at $2.2 trillion, has been a leader in AI and is forecasted for continued growth driven by AI integration across its various products and services. With a more reasonable price-to-sales ratio of 7.2 compared to Nvidia's 35.9, Alphabet presents a favorable investment opportunity in the AI sector.
Source: YAHOO