Nvidia has lost some of its luster as a market leader, but other big name stocks are now outperforming the semiconductor giant and could have further upside. Shares of Nvidia, the chipmaker that drove the market higher in 2023 and 2024, have struggled over the past three months, falling more than 8% in six months. Victoria Greene, the chief investment officer of G Squared Private Wealth, joined CNBC’s ” Power Lunch ” on Thursday to discuss three stocks she likes that have outperformed Nvidia over that same period. Walmart One stock that is in a recent slump, but still outperforming Nvidia, is Walmart . Shares of the country’s largest retailer are up more than 7% over the past six months. However, the stock is trading around $86 per share, down from $104 in February before it gave soft earnings guidance . WMT 6M mountain Walmart stock is down since mid-February, but still positive over the past six months. Green said that Walmart looks like “a great place to hide out” despite that outlook. “I see this consolidating here and pushing back up. I see this stock back at 100 easily, and if anybody’s going to weather tariffs it’s going to be Walmart,” Greene said. Altria Another stock that is outpacing Nvidia is tobacco company Altria , up 14% over the past six months, excluding its fat, 7% dividend. Greene pointed out that the stock trades at a cheap price-to-earnings ratio relative to the overall market and that the company is looking to be more than just a tobacco firm. “It wants to be everything to help stimulate you, calm you, relax you,” Greene said. Shares of Altria were trading at about $58 on Thursday. Greene said that 65 or 70 per share is “absolutely in its future.” Netflix The top performer of the three stocks highlighted by Greene is Netflix , which has gained 38% over the past six months. Greene said that Netflix could become a $1500 stock, equal to an increase of more than 50% from where shares traded Thursday. Netflix should be in a strong position even if the economy weakens, according to Greene. “Even if you’re beginning to have to reduce your budget, you’re going to keep Netflix in there because they’re so good at pricing,” she said. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today’s dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro Talks with Tom Lee. You’ll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
