NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off

NVIDIA Corporation (NASDAQ:NVDA) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More.

On June 23, Bernstein reiterates Nvidia and Broadcom as outperform Bernstein says both stocks are a must-own.

Own both NVDA and AVGO. We get the desire to play the bottlenecks instead, but they won’t ultimately work if these don’t; in the meantime demand shows no signs of slowing, and both stocks screen unreasonably cheap.

Regardless, Nvidia, Micron, and AMD were among the most notable decliners in a tech sector sell-off on Tuesday, June 23, as investors moved away from riskier and high growth stocks following the Federal Reserve’s hawkish inflation message last week. Investors also reassessed AI-led valuations and debt-funded infrastructure spending.

NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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