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The survey shows: Some people regard Nvidia as an inflation hedge tool comparable to gold

The survey shows: Some people regard Nvidia as an inflation hedge tool comparable to gold

Bitget2024/05/13 00:46
WLD+0.51%

Media reports indicate that some respondents in the latest institutional survey suggest that America's largest tech stocks are not only a bet on innovative industries, but could also be tools to hedge against inflation. 46% of respondents said that gold, which has been a safe haven for decades, is still considered the best protection against rising price risks. However, nearly one-third of people indicated that tech giants (stocks) are their first choice. This response highlights the leading role played by companies like Nvidia, Amazon and Meta in expanding their influence over major sectors of the U.S economy and within U.S financial markets. This allows them to generate stable profits and trigger rebounds, convincing investors they will continue to be sources of steady returns.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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