Asia markets set to rise as China factory activity assessed; Japan business sentiment on deck

50 Mins Ago

CNBC Pro: This payments firm has Nvidia-like profit margins and is more sustainable, says fund manager

The rapid rise in Nvidia‘s share price amid the artificial intelligence hype has left some investors questioning the sustainability of the company’s valuation.

With the stock trading at a lofty 2.5% free cash flow (FCF) yield for next year, some investors are urging caution. Historically, Nvidia traded at a 4% FCF yield before the pandemic.

Instead, Hannah Gooch-Peters, global equity investment analyst at Sanlam Investments, believes there are other stocks with a 60% operating profit margin, like Nvidia’s, that are more sustainable as investment opportunities.

CNBC Pro subscribers can read more here.

— Ganesh Rao

50 Mins Ago

CNBC Pro: AI is power-intensive. Top Morgan Stanley portfolio manager says that’s an opportunity for one stock

Many tech companies are rapidly developing infrastructure for artificial intelligence as they compete for dominance in this red-hot market.

AI is very power-intensive — and its power needs are only set to rise in the coming years.

Morgan Stanley Investment Management’s Aaron Dunn names one stock to play the trend.

CNBC Pro subscribers can read more here.

— Weizhen Tan

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