Veteran Investor Is Bullish on NVDA, MSFT, and META

Calling the recent pullback of tech names in general and AI stocks in particular “a huge multiyear buying opportunity,” Ivan Feinseth, Chief Investment Officer of Tigress Financial, is very enthusiastic about AI. He is bullish on Nvidia (NVDA), Microsoft (MSFT),  Meta (META), and Oklo (OKLO).

Feinseth Identifies “Key AI Plays”

“People have said that (AI) now is like the internet in the mid 90s,” Feinseth told Schwab Network. He said that he is bullish on the long-term outlook of NVDA, MSFT and META because they are “key AI plays.”

AI will branch out into many different areas, including healthcare, robotics, and manufacturing, and AI systems will have to learn a great deal more, the investor stated.

Oklo Will Benefit From “Huge Demand,” Feinseth Says

A maker of small and medium nuclear reactors, Oklo will get a big lift from the growing demand for electricity, the investor stated. “There will be huge demand for electricity as AI is built out, the (power) grid is upgraded, and charging infrastructure is added,” he said.

According to Feinseth, nuclear power is “renewable and environmentally friendly.”

While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as NVDA but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.