Veteran Investor Sings the Praises of Nvidia (NVDA), JPMorgan (JPM)

From Yahoo Finance: 2025-04-09 09:28:00

Nvidia (NVDA) stock is deemed underappreciated by Tom Plumb, president of Plumb Funds, who recently bought JPMorgan (JPM) stock. Plumb believes NVDA is crucial to the digital revolution, with a projected 40-50% revenue jump and 60% profit margins. JPM is considered cheap at 12 times earnings, with potential even in worst-case scenarios.

NVDA stock has seen a 17% drop in the last month and a 31% decline in the last three months. While NVDA holds promise, the focus on AI stocks for higher returns within a shorter timeframe is emphasized. For a promising AI stock trading at less than 5 times earnings, check out the report on the cheapest AI stock.

For more insights on AI stocks and top stock picks, visit Insider Monkey. No disclosures in this article.

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