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For many investors, the million-dollar question is how far Nvidia can go or whether it can sustain its dramatic growth. Nick Griffin, chief investment officer at Munro Partners, has invested in Nvidia since 2019 — but even he is taken aback by the stock's astronomical run so far. Nvidia's outlook Griffin pointed to industry estimates that showed Nvidia is set to sell $100 billion of its AI accelerators in the next 12 months. Nvidia is currently the largest holding in Griffin's Munro Global Growth fund. Griffin also manages the Munro Concentrated Global Growth Fund and the Munro Global Growth Small and Mid Cap Fund.
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Nick Griffin, chief investment officer at Munro Partners, is so bullish on one stock, he says it's a better bet than U.S. Treasurys. Griffin's Munro Global Growth Fund has outperformed the S & P 500 this year, although it was down around 15% as of Oct. 7. The S & P 500 saw a roughly 23% tumble over the same period. The fund, much like the S & P 500, is heavily weighted toward tech. Tech stocks have taken a beating this year as investors fled the growth part of the market amid volatility.
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