Grid Tech Stocks Are Poised to Soar Even Further Amid AI Bubble Fears


The Nasdaq OMX Clean Edge Smart Grid Infrastructure Index, a main gauge tracking companies with business exposure to grid infrastructure,  has surged about 30% this year, outperforming other major stock indices. The Nasdaq 100, which includes Nvidia Corp., Apple Inc. and Microsoft Corp., is up about 22% in the period. The grid index is trading at 21 times forward earnings, which makes it cheaper than the Nasdaq 100.



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