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At Charles Schwab's Impact event, Gabelli Funds Co-CIO Chris Marangi joins Yahoo Finance’s Rachelle Akuffo and Robert Powell to discuss alternative ways to invest in AI beyond Nvidia (NVDA).
Marangi notes the growing demand for power driven by data centers, EVs, and crypto mining. He also views utilities as key beneficiaries, especially as the technology in nuclear energy offers more promising solutions to sustainable power.
In terms of how tariffs and inflation may affect stocks, Marangi emphasizes the importance of focusing on domestic companies “because they're probably going to be less impacted by what happens on the international scene.”
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This post was written by Cindy Mizaku.