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Forget Nvidia, Buy This Magnificent Stock Instead
JCIJohnson Controls(JCI) The Motley Fool·2024-09-17 09:25

The AI revolution is spurring investment in data centers, and that's adding to the growth prospects of this industrial company.It's no secret that Nvidia's (NVDA -1.95%) stock price has surged in recent years thanks largely to its association with artificial intelligence (AI), particularly the massive spending being done to expand data center computing power. Along with the price surge has come a surge in valuation for the stock.If you are the type of investor who doesn't like buying hot stocks at hefty val ...