Nvidia expected to be top tech stock in 2025 despite recent drop

From Nasdaq: 2025-02-01 18:45:00

In 2024, the “Magnificent Seven” tech stocks outperformed the S&P 500, with Nvidia leading the pack. Despite a recent drop in stock price due to competition from Chinese AI chatbot DeepSeek R1, Nvidia remains a strong contender. DeepSeek’s impact may be overstated, as Nvidia chips are still being used in its technology. The company’s strong financials, growth potential, and attractive valuation make it a top pick for investors this year, regardless of short-term disruptions. Consider investing in Nvidia for long-term gains, as the AI market continues to evolve and expand.



Read more at Nasdaq: Prediction: This Will Be the Best-Performing “Magnificent Seven” Stock of 2025