So far this year, the NASDAQ 100 is up more than 28%. There are values that rise more than 100%, such as NVIDIA (160%) and Meta Platforms (110%). AMD registers 85% and values such as SeaGen or Tesla rebound around 50%.
Nvidia achieved a new record in Thursday’s session: all-time highs with the largest rise in one day. The graphics card and data center company has split the market in two, ignoring the current situation that is punishing the indicators on account of its results for its first fiscal quarter of 2024. If its last explosion in the triple-digit market were the possibilities of the metaverse, now investors entrust everything to artificial intelligence.
Are we late to the sector after these strong rises?
According to Araceli de Frutos, from Araceli de Frutos EAFI, NVIDIA’s momentum has benefited the rest of the sector, not only on Wall Street, but also in Europe. On European stocks, stocks to watch would be SAP and ST Microelectronics.
In the US, both NVIDIA, as well as Microsoft and Alphabet, are values to pay attention to, to which we are not late, because the prospects continue to be positive for the sector, but one must always pay attention, recommends the expert, to the largest values .