10 Buzzing AI Stocks on Latest Analyst Ratings and News

3. NVIDIA Corp (NASDAQ:NVDA)

Number of Hedge Fund Investors: 193

Megan Brantley from LikeFolio in a recent program of Schwab Network said the latest pullback in NVIDIA Corp (NASDAQ:NVDA) shares is a “gift” for long-term investors. She believes the company is firing on “all cylinders.” She did point out some challenges for NVIDIA Corp (NASDAQ:NVDA) in the near term:

“We don’t see many signs of weakness here other than a couple of concerns, such as antitrust concerns in China and potentially some production delays. But from a consumer perspective and from a user perspective of its actual technology and GPUs, we see demand continuing to build and grow.”

The analyst also talked about Blackwell:

“We see a lot of traction and a lot of speculation about the impact of its Blackwell GPUs, especially in 2025, and so we think that’s a really important segment to watch. Conversations and consumer searches related to that Blackwell series continue to rise year-over-year.”

Manole Capital Management stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q3 2024 investor letter:

“As of this publication, Nvidia is up roughly 150% year-to-date. NVIDIA Corporation (NASDAQ:NVDA) was the largest gainer in the S&P 500 last year and has more than tripled in value over the last year. It hit an eye-opening market capitalization of $3 trillion in June, less than four months after it eclipsed the $2 trillion mark. Enthusiasm for everything AI-related, especially for the primary chip maker whose products are essential to powering AI technology, continues to fuel the market. Last quarter, and for the fifth consecutive quarter, Nvidia reported sales and profits that blew past Wall Street expectations. The stock rose +37% in the second quarter alone.”