AI stocks like Nvidia are nowhere near a bubble

Is Nvidia (NVDA) the best place to stay in terms of AI? Or does one warm back up to Apple (AAPL) ahead of the debut of its Apple Intelligence suite? Yahoo Finance Executive Editor Brian Sozzi goes on the search for the next hot tech stock trade with EMJ Capital founder Eric Jackson. Two things in markets have held true in 2024. One, the stock market opens and closes at the same times each day. And two, investors large and small love the AI trade! What’s not to like about tech companies that are at the leading edge of this exciting technology. Companies such as Nvidia are unable to keep pace with demand for their products, driving higher prices and profits. Even a legacy player like Intel is getting in big into all things AI. The stock prices of AI centric names have remained virtually bulletproof as investors await the next big upward lift to guidance. But really, how long can this all last - especially in front of a pivotal presidential election? Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. 00:00-Eric Jackson joins Opening Bid 1:00-Nvidia bubble? 8:00-BS tech detector 12:30-Is Tesla an AI company? 19:00-Nvidia market cap Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky.  Eric Jackson is the Founder of EMJ Capital with a proprietary AI/ML-driven algorithm for selecting long/short tech equities.  Learn more about your ad choices. Visit megaphone.fm/adchoices