These 3 Stocks Are Outperforming Nvidia and Still Have Growth Potential, According to One CIO

These 3 stocks are beating Nvidia and have room to run, one CIO says

The Changing Landscape of Investment: Stocks Outperforming Nvidia

At Extreme Investor Network, we strive to equip our readers with insights that go beyond the surface. As the investment landscape shifts, it’s essential to keep an eye on stocks that may be flying under the radar yet exhibit remarkable potential. In this post, we will examine three companies that are currently outperforming Nvidia—a semiconductor giant that many viewed as invincible just a short while ago.

Nvidia: Once the King of the Hill

In recent months, Nvidia’s stock has seen a decline of over 8%, drawing attention to a wider market trend where previously major players are now facing stiff competition. As Nvidia’s shares drift down from their once-lofty heights, savvy investors should consider diversifying their portfolios with stocks that have shown resilience and promise.

1. Walmart: The Resilient Retail Giant

One surprising performer is Walmart. Despite experiencing its own bumps in the road recently—shares have hovered around $86, down from $104—Walmart’s stock is still up more than 7% over the past six months. According to Victoria Greene, Chief Investment Officer of G Squared Private Wealth, Walmart stands out as a stable choice amidst economic uncertainty.

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Greene states, “I see this consolidating here and pushing back up,” suggesting that Walmart could easily reclaim the $100 threshold. With its vast supply chains and wholesale purchasing power, Walmart is uniquely positioned to weather economic downturns, particularly as tariffs fluctuate.

Why Walmart May Be a Smart Investment Right Now:

  • Diverse Revenue Streams: Beyond retail, Walmart is growing its e-commerce footprint and expanding financial services.
  • Adaptability in Tough Markets: As inflation bites, consumers often flock to value retailers, making Walmart more resilient in turbulent times.

2. Altria: A Transformative Play

Another stock to consider is Altria, the well-known tobacco company that’s seen its shares rise by 14% over the past six months. What’s particularly appealing is its generous 7% dividend yield, making it attractive for income investors as well.

Greene points out that Altria is not simply resting on its laurels but is actively seeking to diversify its offerings beyond tobacco products. Greene anticipates the stock could easily climb to $65 or $70—a considerable upside from its current valuation of around $58.

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What Makes Altria Stand Out?

  • Transformational Strategies: Altria is investing in alternatives like vaping and CBD, anticipating a shift in consumer preferences.
  • Stable Dividend Payments: Even in uncertain markets, Altria’s robust dividend yield attracts income-focused investors.

3. Netflix: The Streaming Titans

Flying the highest among the stocks Greene highlighted is Netflix, which has seen an impressive 38% increase in its stock price over the last six months. Greene is bullish on Netflix, foreseeing a potential rise to $1,500 per share—an increase of over 50%.

Despite high inflation and budget cutbacks, Greene emphasizes that Netflix’s strength lies in its pricing strategy. “Even if you’re beginning to reduce your budget, you’re going to keep Netflix in there,” she notes, indicating its necessity in many households.

Why Netflix Is Worth Considering:

  • Strong Market Position: As a pioneer in the streaming industry, Netflix continues to innovate to keep subscribers engaged.
  • Adaptive Pricing Models: Netflix has demonstrated agility in adjusting its subscription plans to retain and attract customers without sacrificing too much margin.
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Conclusion

As investors look beyond the giants like Nvidia, these three stocks—Walmart, Altria, and Netflix—present compelling alternatives that could offer both stability and growth. At Extreme Investor Network, we believe that staying informed and diversifying your portfolio is key to long-term success. Keep your eyes on the horizon as the markets shift, and join us as we navigate the ever-evolving landscape of investing together.

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