Better Buy: Apple vs. Nvidia

Apple $Apple (AAPL.US)$ and Nvidia $NVIDIA (NVDA.US)$ were both beloved tech stocks that lost their luster over the past year. Apple's stock hit an all-time high of $180.96 in January, but it subsequently stumbled back to the $130s. Nvidia's stock closed at a record high of $333.41 last November, but it now trades in the $160s.

Both stocks declined as inflation, rising interest rates, and other macro headwinds drove investors toward more conservative investments. Both companies also grappled with their own specific problems: Apple faced slower sales of iPhones and supply chain disruptions, while Nvidia struggled with the post-pandemic slowdown of the PC market.