Nvidia and Tesla Stocks Eyed for Growth Despite Market Uncertainty
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Historical stock market patterns suggest a bull market is coming in 2024, with the Nasdaq expected to rise an average of 19%.
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Stock splits don't change business fundamentals but can boost liquidity and signal positive direction; Nvidia and Tesla have relied on splits.
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Nvidia is poised to benefit from exploding generative AI industry and has competitive advantages, yet stock remains reasonably valued.
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Tesla aims to accelerate mass-market strategy with lower-cost models, though faces near-term industry pressures of high rates and inflation.
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Nvidia looks to be the better buy over Tesla currently given its faster bottom-line growth and relatively low valuation.