What else benefits from AI boom? (GS's list)
With the broader market at record highs, tech stocks rocketing, and $NVDA over $Microsoft (MSFT)$. and $Microsoft (MSFT)$ and $Apple (AAPL)$. span> As it becomes the No. 1 company by market capitalization, investors may also be tapping into other AI-related companies that benefit greatly.
$Goldman Sachs (GS)$ made a list of stocks that are artificial intelligence while Gain List of Stocks.
According to them, during the "revenue-enabled phase" of AI adoption trading, AI stocks have performed +8% relative to $S&P 500 (.SPX)$ have performed +8% relative to the broader market, or significantly better.
Meanwhile, another comparison was made between the stocks on this list and leader NVIDIA, which has a six-month return of 146% in the first phase of AI adoption and a forward P/E of 31x.
Among the stocks with a strong relationship with NVDA and a sensitivity of more than 4 are $Meta Platforms, Inc.(META)$ $MongoDB Inc.(MDB)$ $Intuit(INTU)$ $Nutanix Inc.(NTNX)$ $ServiceNow(NOW)$
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