Nvidia may be the hottest tech crown jewel for Wall Street at the moment, but at least one investor's not buying into it.
Nvidia may be the hottest tech crown jewel for Wall Street at the moment, but at least one investor's not buying into it. David Miller, co-founder and chief investment officer of Catalyst Funds, thinks the artificial intelligence space is "overheating," with Nvidia as a prime example.
What he likes Instead, Miller likes Hims & Hers Health , which he said can justify its revenue and margin growth due to the stock's large runway. The company can benefit as it aims to streamline the prescription fulfillment process in the medical industry, he noted. "It's easier to get to a much bigger valuation where you're starting from something small," Miller noted.
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