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Should You Buy Nvidia Stock Instead of Apple Stock?

Apple has unveiled its AI strategy, but it will take tremendous effort to eclipse Nvidia's dominance.

By Parkev Tatevosian, CFA – Jun 19, 2024 at 4:13AM EST

Fool.com contributor Parkev Tatevosian compares Nvidia (NVDA 1.07%) to Apple (AAPL 2.60%) to determine the better AI stock for long-term investors.

*Stock prices used were the afternoon prices of June 14, 2024. The video was published on June 16, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has positions in Apple. The Motley Fool has positions in and recommends Apple and Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$199.89
(-1.07%)-$2.17
Apple Stock Quote
Apple
NASDAQ: AAPL
$266.17
(-2.52%)-$6.88

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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