Shift focus to AI software companies like Palantir, Teradyne, and Meta for investment opportunities.

From Morningstar: 2024-07-24 05:08:00

Nvidia has become the most valuable company, but ARK Invest advises caution due to a massive CapEx cycle boosting Nvidia’s revenue. Investors should shift focus to AI software companies, as this represents the second wave of the AI opportunity. Top picks include Palantir, Teradyne, and Meta, poised to replicate Nvidia’s success.



Read more at Morningstar: Three AI Stocks Beyond Nvidia