New King vs Old King - NVDA vs Apple
The most important question for Q2
Perhaps the most important question in the market as we enter into Q2 is if the outperformance of NVDA vs AAPL will continue or if it is time for at least a partial reversion to mean. This is not only about the two stocks, but also about the overall AI theme and if growth will continue to crush quality. The incredible chart below shows the NVDA vs AAPL ratio. Will we ever see some mean reversion kick in?
