By Amy Legate-Wolfe
Publication Date: 2026-06-11 20:10:00
Written by Amy Legate-Wolfe at The Motley Fool Canada
Billionaires don’t always know the future. But when several start leaning away from the same crowded trade, investors should at least look up.
Nvidia (NASDAQ:NVDA) has become the face of the artificial intelligence (AI) boom. Its chips power the data centres behind chatbots, cloud tools, and the next wave of automation. The business still looks extraordinary. In its latest quarter, Nvidia stock reported record revenue of US$81.6 billion, up 85% from last year. That kind of growth explains why the stock captured so much attention.
Yet the story now looks more complicated. Some billionaire investors have trimmed Nvidia stock after its huge run. That doesn’t mean Nvidia stock has suddenly become a bad company. It means expectations may have climbed high enough to make even great results feel risky. When everyone loves the same stock, the margin for disappointment gets thinner.
A classic to consider
That’s why Royal Bank of Canada (TSX:RY) now looks so appealing for Canadian investors who want a calmer path. RBC doesn’t offer Nvidia’s explosive growth. It doesn’t need to. It offers scale, income, and a business model built around real customer relationships. Canadians use RBC for banking, mortgages, credit cards, wealth management, insurance, and capital markets services. It sits at the centre of the Canadian financial system.
Investors want quality without…