From Nasdaq: 2024-08-03 04:41:00

In June, Nvidia briefly became the most valuable publicly traded company. However, history indicates this may not last, as AI-related stocks are currently in the spotlight. Three “boring” stocks – Berkshire Hathaway, Visa, and Mastercard – could surpass Nvidia in market value by 2029. Berkshire Hathaway, led by Warren Buffett, has steadily provided strong returns for investors due to its focus on cyclical businesses, dividend stocks, and share repurchases. Visa and Mastercard share similar catalysts and could potentially double in value over the next five years. Both companies have steady cash flow and opportunities for growth in underbanked regions around the world. The future of Nvidia may not be as bright as investors anticipate due to potential challenges in the AI sector and market overvaluation.



Read more at Nasdaq: Prediction: 3 Boring Stocks That’ll Be Worth More Than Nvidia by 2029