It's difficult to put Nvidia's massive Thursday into context — the stock gained "only" around 20%. But when you're in the top five, a gain like that makes some big waves.
With so much focus on Nvidia (NVDA), investors may be missing out on some other spectacular plays for their portfolio. In addition, some analysts warn that it may not be a good idea to focus on one sector or stock too heavily. GLOBALT Investments Senior Portfolio Manager Keith Buchanan joins Yahoo Finance to discuss the broadening market rally and alternative stock plays for investors to add to their portfolio, other than Nvidia. Buchanan explains why one of his top picks is Walmart (WMT): "Call me old fashioned, I like execution and that's what Walmart has proven time and time again. In the heart of the pandemic, coming out of the pandemic, they were able to keep prices ahead of inflation, now inflation is starting to turn down lower. The Vizio (VZIO) purchase... is really an example of where they see the corporation 10 years from now." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
The big three stock market indexes (^DJI, ^IXIC, ^GSPC) all open Friday higher after the breakout rally sparked by Nvidia's (NVDA) fourth-quarter earnings results. Yahoo Finance Reporter Jared Blikre examines the S&P 500's record high — alongside 46 component stocks hitting record highs on Thursday — and how the market rally appears to be broadening out across sectors. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.