Reported 4 months ago
In a Yahoo Finance video, Lou Basenese, President and Chief Market Strategist at Public Ventures, discusses Nvidia's first-quarter earnings beat and 10-for-1 stock split announcement, noting the company's continued market momentum. Basenese highlights the potential for Nvidia to become a $3 trillion market cap company but suggests that for significant growth potential, smaller-cap stocks might be more promising. He also mentions Microsoft's ability to drive AI products to market and identifies Apple as a "sleeper AI play," emphasizing the impact of Apple's 2 billion active devices on the potential for AI integration. Basenese views Apple as a company that may come in late to the market but ultimately emerges as a leader due to its iterative approach.
Source: YAHOO