10 Trending AI Stocks on Latest Analyst Ratings and News

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1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 179

NVIDIA Corporation (NASDAQ:NVDA) is a technology company that engineers the most advanced chips, systems, and software for the AI factories of the future. Leading the way in AI computing, the company’s AI accelerators command between 70% and 95% of the market share for artificial intelligence chips. One of the biggest analyst calls for Friday, November 8, was NVIDIA Corporation (NASDAQ:NVDA). Jefferies reiterated NVIDIA Corporation (NASDAQ:NVDA) as a “Buy”, saying the chipmaker has the most near-term upside potential, along with one other chipmaker.

While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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