Its shares jumped in extended trading but given the "blowout earnings," Nancy Tengler of Laffer Tengler Investments said she expected to see a higher move.
"We think there's another way to play this," she said, adding these are namely buying into "old economy companies," as well as data center names.
One such "old economy" name is Walmart , according to her.
They've embraced not only digital solutions, but robotics, generative AI and their ad business in cloud computing, obviously in their e-commerce business," she said.
Quanta Services , which builds infrastructure for electric power and renewables, as well as provides utility performance services, was another pick from Tengler.
Persons:
Nancy Tengler, CNBC's, They've, Tengler, Kif Leswing
Organizations:
Nvidia, Google, Microsoft, Meta, Investments, Walmart, Carrier, Oracle, Broadcom