"AI chip giant Nvidia ( NASDAQ:NVDA) has certainly been one of the best mega-cap stocks investors could have (and probably should have) been invested in over the past few decades. This is a stock that's retained its historically high multiple, and even seen multiple expansion over time. But as Nvidia's high performance chips have taken over the market, so too have the hearts and minds of traders looking for a clear winner to profit from this long-lasting trade."
"Cybersecurity stocks such as Crowdstrike have ebbed and flowed in terms of performance over the course of the past year. Looking at the stock chart above, it's clear that most of the momentum (at least of late) has been to the upside. Indeed, with a 70% return over the past year alone, few could argue that CRWD stock has been an underperformer of late."
Nvidia has been one of the best mega-cap stocks, retaining a historically high multiple and experiencing multiple expansion as its high-performance chips dominated the market. Jim Cramer has consistently promoted Nvidia and considers it a top long-term single-stock suggestion. CrowdStrike, identified as a Cramer favorite, could potentially provide even greater returns than Nvidia over the next decade or two. Cybersecurity stocks have experienced cycles, with CrowdStrike rising about 70% over the past year. Many high-growth names faced significant selling pressure in 2022 as investors rotated out of perceived overvalued companies, making valuation an important consideration.
Read at 24/7 Wall St.
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