I Correctly Predicted Nvidia Would Overtake Apple in Stock Buybacks and Dividends. Here's the Better Buy Now.
Motley Fool·
- Nvidia authorized a $150 billion increase to its share repurchase program, bringing its total to $235 billion and outpacing Apple's recent capital return initiatives.
- Both Nvidia and Apple benefit immensely from AI spending by converting AI-driven revenue into free cash flow to fuel buybacks and dividends.
- Nvidia represents a more compelling value than Apple due to its faster-growing capital return program and lower forward price-to-earnings ratio of 24.6 compared to Apple's 38.3.
