10 AI Stocks Trending On Wall Street Right Now

3. 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. One of the most notable analyst calls on Monday, March 10, was for Nvidia Corporation. Morgan Stanley reiterated the stock as “Overweight”, stating that it is sticking with Nvidia as a top idea.

“There is a persistent industry outlook, that even with general investor skepticism, investment in AI remains the bright spot for semis, while we are looking at a very gradual bottoming process in analog, and company WFE [wafer fab equipment] estimates more optimistic than ours. We reiterate our NVDA Top Pick…”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $175 implies a 63% upside, however, the Street-high target of $235.9 implies an upside of 120%.