The artificial intelligence (AI) boom has been ramping up recently. I reckon there are some great FTSE options to capitalise on it.
Instead of the burgeoning Nvidia (NASDAQ: NVDA) shares, I’d love to buy Volex (LSE: VLX) shares when I next have some investable funds.
Here’s why!
Nvidia shares continue their great run
I’m not saying Nvidia’s recent performance and share price ascent isn’t worth taking a closer look at.
The business seems to be the hot AI stock of the moment, and continues to churn out excellent results consistently.
However, for me, I’m looking for stocks that offer a better entry point, and a different play on the AI revolution.
Nvidia continues to be a popular stock among investors, but for me, it could be a victim of its own success. For example, the shares now trade on a price-to-earnings ratio of 46! This is higher than more established tech firms including Alphabet and Meta!
Is…
