Jukka Lepikkö: You can now find undervalued stocks here

Investor Jukka Lepikkö has recently followed the topic of artificial intelligence and related phenomena in the investment mind.

“The market doesn’t really seem to know how to price these companies correctly at the moment. It hasn’t really been able to in the last four years, starting with the Chatgpt moment,” Lepikkö said in Kauppalehti’s live Economic morning on Thursday.

“It creates opportunities for the market to find possibly wrongly priced and undervalued companies whose growth is not believed to be as strong as it has been and perhaps will be in the future,” said Lepikkö.

The economic morning was hosted by a journalist Rudolf Jurvanen.

You can watch Thursday’s Financial Morning in its entirety below.

Fact

Strong growth

Nvidia’s net sales increased to 96.2 billion dollars in May–July from 46.7 billion dollars last year. Operating profit rose to 63.7 billion dollars from 28.4 billion dollars in the comparison period.

Data center business revenue was USD 89.0 billion from USD 41.1 billion in the comparison period. The data center is responsible for more than 90 percent of Nvidia’s turnover.

According to the consensus of analysts gathered by the Factset data service, the expectations were $92.4 billion in revenue, $60.1 billion in operating profit and $86.9 billion in data center revenue.

Earnings per share rose to $2.46 from $1.08, compared to expectations of $2.07.

By Editor