The internet bubble may have burst in the early 2000’s, but the internet didn’t die. Rather, it kept getting bigger for decades, and the leading companies harnessing it made a lot of money for their shareholders. Similarly, the current AI megatrend will produce enormous winners and losers, and the irony is the leading AI companies—with the most powerful earnings growth trajectories—are actually getting LESS expensive (on a fundamental valuation basis). This report reviews Nvidia, plus four more leading AI stocks that are ironically getting less expensive (relative to their powerful earnings growth) and then concludes with a strong opinion on how to invest at this current point in the raging AI megatrend.

AI is creating an unprecedented need for reliable electricity, making the nuclear renaissance—and the companies supporting it—a tempting long-term trade—especially since many of them have pulled back significantly over the last year—but this week’s upcoming Holtec IPO may reinvigorate the longer-term rally—for these 5 beneficiaries in particular.