12 Best Long-Term Stocks to Buy According to Ken Fisher

2. NVIDIA Corporation (NASDAQ:NVDA) 

Number of Hedge Fund Holders: 223 

Fisher Asset Management’s Stake: $13.2 billion

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. The company reported that in fiscal 2024, revenue surged 126% to $60.9 billion, while GAAP earnings per diluted share soared 586% year-over-year to $11.93. Non-GAAP earnings per diluted share were $12.96, up 288% from a year ago. In February, the company reported that computational biologists conducted research using AI to create proteins that neutralize lethal snake venom more effectively than traditional antivenom. They used NVIDIA’s Ampere architecture and L40 GPUs to power deep learning models like RFdiffusion and ProteinMPNN, generating millions of potential antitoxin structures through computer simulations. Instead of testing countless proteins in the lab, they used AI tools to predict how these designer proteins would interact with snake venom toxins, which may reshape the AI-designed medicine world.