10 AI Stocks Catching Wall Street’s Attention

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. With the GTC Conference taking center stage in the news in the past few days, most analysts seem entirely focused on it.

On March 20, Morgan Stanley reiterated Nvidia stock as “Overweight” with a $162 price target. Morgan Stanley came away positive on the stock in a recap note following a Q-and-A with CEO Jensen Huang at the company’s Global AI Conference, where the firm clarified that Nvidia has provided better visibility for investors.

Reminding investors of the strong demand for its products, the company revealed how four biggest cloud providers namely Amazon Web Services, Azure, Google Cloud, and Oracle Cloud have already ordered 3.6 million Blackwell GPUs for 2025; nearly 3 times the Hopper GPUS bought in 2024. The company also anticipates solid cloud spending through 2025.

“Nvidia made a compelling case as to why efficiencies that have made the market skittish in recent weeks should drive higher demand over time. … Physical AI is starting to feel more tangible, with a notable rate of change around robotics.”