Investors should opt for Google if they want to invest in AI, according to Hatem Dhiab, managing partner at Gerber Kawasaki Wealth and Investment Management. Dhiab cautioned against buying into Nvidia, a company valued at $1tn, which he said may be overpriced, at around $430 a share, with Tesla at $255.41. Dhiab believes there could be a better entry point to invest in Nvidia and Tesla, compared to their current valuations. While sharing the power of generative AI and new technology, Dhiab acknowledged that investing in AI can be costly, making it necessary to buy shares at an affordable price point. The S&P 500 recently went into a bull market, thanks to ten tech firms that are capitalising on AI.Â
Go for Google, Skip NVIDIA and Tesla When Looking at AI Stocks: Expert
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