Apple, Nvidia AI Stock Picks

This is a news story, published by Yahoo Finance, that relates primarily to Nvidia news.

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The Motley Fool

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1 Artificial Intelligence (AI) Stock-Buyback Stock to Buy Hand Over Fist, and 1 to Avoid (for Now)

Summary

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78% Informative

Apple repurchased $26 billion of stock, bringing its trailing- nine-month total to a whopping $70 billion .

Apple 's revenue and profit growth have been uninspiring for a few years now.

Nvidia has been a major beneficiary of the AI movement, largely thanks to sales of its chipsets known as graphics processing units ( GPU ) Nvidia 's earnings are actually growing faster than revenue.

In a way, I hope Nvidia does not complete this buyback in its entirety (if at all), as I see this decision as unwise.

Nvidia 's total average return is 773% — a market-crushing outperformance compared to 168% for the S&P 500.

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