Forget Tesla: 3 Stocks to Ride the Elon Musk Effect

From Nasdaq: 2025-02-14 08:07:00

Elon Musk’s influence extends beyond his businesses, impacting technology stocks. Investors can capitalize on the “Musk effect” by considering stocks like NVIDIA, a key player in AI with potential for growth in data centers and autonomous driving. Modine Manufacturing, known for providing thermal management solutions to Tesla, also offers growth opportunities. PayPal, an innovator in the fintech sector, is adapting to market challenges with new features and a focus on monetization. Despite recent declines, these stocks present potential upside for investors.



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