By Francisco Velasquez
Publication Date: 2026-01-13 17:07:00
The hottest AI trade on Wall Street has officially become “boring.”
“Nvidia would be a very boring idea … because we all know the story,” serial entrepreneur Tom Sosnoff told Yahoo Finance’s Opening Bid.
The former founder of Thinkorswim and Tastytrade argues that despite Nvidia’s technological dominance, the stock’s story is too well-known and it may be priced for perfection.
Sosnoff isn’t a tech skeptic. In fact, he’s a fan of the product. He likened Nvidia’s (NVDA) AI platforms to having a “genius best friend” with a 165 IQ available at all times.
The problem, he argues, is that Nvidia is now “totally fully priced.” When most analysts and retail traders are already on one side of the boat, that “boring” reality suggests there are very few surprise scenarios that can drive the price significantly higher from here.
“I look at Nvidia and I’m thinking to myself, how much more upside [is] in here and what kind of downside is there if this thing rolls over?” Sosnoff said. “It’s not a function of … Nvidia itself. It’s just a function of price.”
The warning comes at a time when market volatility is hovering at multi-year lows and stocks are sitting at record levels. In the past year, Nvidia’s shares have risen roughly 40%, while the S&P 500…
