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Christopher Wood swapped Nvidia for a Greek infrastructure stock. The bet is paying off

·Economic Times·Impact 2/5 · Moderate
MeridStreet AI summary

Christopher Wood, a strategist at Jefferies, made a significant change to his investment portfolio in October 2025 by replacing Nvidia with Greek infrastructure company GEK TERNA. This move has already paid off, with GEK TERNA gaining 65% in US-dollar terms, compared to Nvidia's 15% increase. This shift in investment strategy highlights Wood's preference for infrastructure and companies with strong economic fundamentals over those in the crowded artificial intelligence sector. This move could have implications for investors looking to diversify their portfolios away from tech stocks.

Source reporting

Read the source report: Economic Times →

MeridStreet analysis

Why it matters

Christopher Wood's bet on GEK TERNA is paying off, indicating a positive market trend for Greek infrastructure stocks. This move suggests that investors are looking for alternative investments beyond tech stocks like Nvidia.

Market impact

Impact score
2 / 5
Market signal
Positive / risk-on
Category
Market moves
Model confidence
65%

Markets & countries in focus

Greece

Transmission channels

Portfolio rebalancing→Investor sentiment shift→Greek infrastructure growth→Alternative investments rise→Tech stocks decline

Likely winners & losers

Winners

  • Infrastructure stocks
  • Greek equities

Under pressure

  • Tech stocks

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.