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Is Nebius Group a Buy?


The artificial intelligence (AI) sector has undoubtedly been the hottest sector in the market over the past few years, playing a major role in driving the benchmark S 500 index to new all-time highs all year long.

One AI stock that has done extremely well is Nebius Group (NASDAQ: NBIS), which owns and operates data centers specifically tailored for running large language models (LLM) that power AI applications. Nebius' stock joined the Nasdaq in October last year and is up roughly 465% since. After such a big run, is Nebius still a buy?

Image source: Getty Images.

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Source Fool.com

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