Apple, Nvidia Will Lead 3-To-5-Year Tech Bull Run, Analyst Says: 'I Am A Buyer Here'

Quick Summary:

What To Know: Tuesday on CNBC’s “Squawk Box,” Munster argued mega-cap tech stocks are still in the beginning stages of a massive bull run being driven by AI.“I am a buyer here.

The analyst expects investors to begin changing how they view Nvidia and Munster also highlighted Apple’s upcoming event on Sept.9 in which the company is expected to unveil new AI features for its smartphones and introduce the iPhone ...

I continue to believe we’re in the first stage — this may be hard to wrap many heads around — first stage of a three- to five-year bull market,” Munster said.

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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets: United States

Topics: Trading Ideas US88160R1014 Magnificent 7 AAPL Benzinga Expert Ideas TSLA Analyst Color Top Stories Stories That Matter News NVDA Tech US0378331005 CNBC Long Ideas Gene Munster US67066G1040

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 18:06:02 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 664 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22353786

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