Artificial Intelligence plays Top AI plays were among the list of expensive stocks in the S & P 500, including Broadcom , Lam Research , Intel and Super Micro Computer .
Each stock's price-earnings ratio equates to a roughly 60% to 66% premium over the historical average.
SMCI YTD mountain Super Micro Computer stock.
Super Micro Computer, meanwhile, has continued to ride the AI wave despite some weakness last month after third-quarter revenue missed analyst expectations.
The stock's trailing 12-month price-earnings ratio is also more than double its five-year average, at a 63% premium.
Persons:
Elon Musk, Daron Acemoglu, Goldman Sachs, Eli Lilly Eli Lilly, Eli Lilly, Biogen's Leqembi
Organizations:
CNBC Pro, Nvidia, CNBC, Stock, Artificial Intelligence, Broadcom, Lam Research, Intel, Micro, Super Micro Computer, Computer, Wall, Bank of America, Micro Computer, Dell, Massachusetts Institute of Technology, U.S . Food, Drug Administration
Locations:
U.S