Nvidia’s (NVDA) meteoric rise as the undisputed leader in artificial intelligence (AI) hardware has made the stock a darling of Wall Street. Yet, recent filings reveal a dramatic shift among billionaire money managers and insiders. Amid NVDA’s ongoing rise, many insiders have continued to offload substantial stakes in the AI giant, as concerns about overvaluation and muted growth persist.
With so much bullish sentiment in the AI space, building a portfolio to capture this growth without Nvidia stock in it would be difficult. But Nvidia is priced to perfection, so a misstep could spell disaster. That hasn’t been a concern so far, as the company has consistently delivered market-breaking quarters every earnings.
