12 Best Most Active Stocks to Buy Now

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1. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 223 

Average Volume: 274.30 million

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. For the fourth quarter of 2024, the firm reported revenue of $22.1 billion, increasing by 22% from the previous quarter and rising 265% from a year ago. In January, the company announced that its autonomous vehicle platform, DRIVE AGX Hyperion, has passed safety tests by top automotive safety experts TUV SUD and TUV Rheinland. DRIVE Hyperion is the first complete platform for autonomous driving, featuring the DRIVE AGX chip, NVIDIA DriveOS operating system, sensors, and safety systems for advanced driver assistance. This milestone sets a new standard for AV safety, innovation, and performance.

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

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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