Movers 08th September 2023

 


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Many so-called "experts" are saying AI stocks are in "the biggest bubble of all time."

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Many so-called "experts" are saying AI stocks are in   "the biggest bubble of all time." But based on history – we're not even close! For example, consider Cisco (CSCO) – one of the biggest winners from the Dot-Com era. From 1990 until 1997, Cisco shot up more than 11,000%... A massive gain. Surely it couldn't go higher from there... right? Well, look what happened next... In the next two years, that stock soared ANOTHER 10 times higher! From start to finish, that's a gain of over 100,000%. Now, here's what that looks like compared to NVIDIA (NVDA) today... If NVIDIA heads up another 10x in the next two years... then maybe we can start using "bubble" language.
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2023 and q3 performance

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