Christopher Wood swapped Nvidia for a Greek infrastructure stock. The bet is paying off
Jefferies Christopher Wood replaced Nvidia with Greek infrastructure company GEK TERNA in his global long-only equity portfolio in October 2025. Since then, GEK TERNA has gained 65% in US-dollar terms, compared with Nvidias 15%. The shift reflects Woods preference for infrastructure, fiscal reform and improving economic fundamentals over crowded AI trades.
Jefferies Christopher Wood replaced Nvidia with Greek infrastructure company GEK TERNA in his global long-only equity portfolio in October 2025. Since then, GEK TERNA has gained 65% in US-dollar terms, compared with Nvidias 15%. The shift reflects Woods preference for infrastructure, fiscal reform and improving economic fundamentals over crowded AI trades.
What's Your Reaction?
