Analysis of Recent Performance Shift Between Apple (AAPL), Nvidia (NVDA), and Alphabet (GOOGL)

A Reddit user observed a notable performance shift among three major tech stocks:

rising toward multi-trillion valuation, climbing without AI hype, and losing market cap despite high GPU demand. This post sparked discussion on whether the trend reflects long-term rotation or short-term noise [1].

Tool data confirms the observed shift over the past14 trading days:

• GOOGL
  : +11.54%
• AAPL
  : +2.71%
• NVDA
  : -9.28% [0]

The rotation aligns with the “dispersion” argument in the Reddit discussion—NVDA’s decline (-9.28%) was offset by GOOGL’s gain (+11.54%) within the MAG7 group [1]. AAPL’s modest rise (+2.71%) suggests it is not part of the direct rotation but benefiting from broader market stability [0].

• NVDA
  : -11.92% drop, indicating sustained investor concern [0].
• GOOGL
  : +18.81% gain, driven by AI rollout and cloud growth [0].
• AAPL
  : +2.69% rise, reflecting steady (but not explosive) performance [0].

The tech sector overall underperformed most sectors on the analysis date (+0.20% vs. energy’s +1.52% gain) [0], highlighting that GOOGL’s rise is company-specific rather than sector-wide.

Metric	AAPL	NVDA	GOOGL
14-Day Price Change	+2.71%	-9.28%	+11.54%
Market Cap	$4.08T	$4.31T	$3.83T
P/E Ratio	36.85x	43.39x	30.92x
Analyst Consensus Target	$300 (+8.6% upside)	$250 (+41.2% upside)	$300 (-5.6% downside)
Volume (14-Day Avg)	44.47M	219.94M	48.86M

Key observations:

• NVDA
  : Despite its9.28% drop, it retains the highest market cap among the three, but its2x higher volume than peers signals intense selling pressure [0].
• GOOGL
  : Its current price ($317.77) exceeds the analyst consensus target ($300), suggesting potential overvaluation [0].
• AAPL
  : A low P/E ratio relative to NVDA and strong net profit margin (26.92%) support the “bullish hesitation on AI capex” argument [0].

Critical gaps in data limit a full assessment of the Reddit discussion’s arguments:

1. AAPL Revenue Growth
   : No recent revenue growth data to verify the “no revenue growth” claim (score 39 in discussion) [0].
2. NVDA Customer Behavior
   : No news on whether customers are actively seeking alternatives to NVDA’s GPUs (core of the “temporary dominance” argument, score1) [0].
3. AI Capex Details
   : No specifics on AAPL’s AI spending plans to evaluate the “bullish hesitation” argument (score25) [0].
4. GOOGL Earnings Growth
   : No recent earnings growth data to confirm if derisking and earnings (score2) are driving its rise [0].

Decision-makers should prioritize filling these gaps before concluding on long-term trends.

• NVDA
  : Its 88.3% dependence on data center revenue and recent11.92% drop over a month raise concerns about vulnerability to customer shifts [0]. Users should monitor data center revenue trends in its next earnings report.
• GOOGL
  : Current price exceeds analyst consensus target by5.6%, which may lead to a pullback. Watch for changes in analyst ratings [0].
• AAPL
  : A high P/E ratio (36.85x) relative to its modest14-day growth (+2.71%) could be a valuation risk if revenue growth remains flat [0].

1. NVDA
   : Data center revenue growth and customer retention metrics.
2. GOOGL
   : Google Cloud growth and AI product adoption rates.
3. AAPL
   : Next earnings report for revenue growth updates and AI strategy announcements.
4. Sector Rotation
   : Whether the MAG7 dispersion trend continues or reverses.

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: This analysis is for informational purposes only and does not constitute investment advice. Always conduct thorough research before making investment decisions.
: Some data gaps exist due to API limitations and should be addressed with additional research.