12 Best QQQ Stocks to Invest in Now

5. NVIDIA Corp. (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corp. (NASDAQ:NVDA) is a computing infrastructure company that provides graphics, compute, and networking solutions globally. Through its Compute & Networking and Graphics segments, it delivers products and services like GPUs, data center platforms, AI software, and autonomous driving solutions.

On February 27, Bernstein analyst Tom O’Malley raised the company’s price target from $175 to $185, while maintaining an Outperform rating. The analyst cited record data center revenues of $35.6 billion in FQ4 2025 as a reason for this sentiment, which was driven by the Blackwell ramp-up. It represented a 93% year-over-year improvement.

Total revenue for FY25 reached $115.2 billion, which more than doubled year-over-year. Blackwell sales alone reached $11 billion in FQ4. Blackwell is designed for AI inference, with 25x higher throughput and 20x lower cost than previous models. Its demand is huge as major cloud providers like Azure and AWS are deploying it. NVIDIA Corp. (NASDAQ:NVDA) expects FQ1 2026 revenue to reach $43 billion. This growth will be driven by both Blackwell and networking, with AI applications expanding rapidly across industries.

NVIDIA Corp. (NASDAQ:NVDA) continues to dominate the AI market. It’s exceeding expectations with strong performance and high demand for its new products. Columbia Threadneedle Global Technology Growth Strategy stated the following in its Q4 2024 investor letter:

“NVIDIA Corporation (NASDAQ:NVDA) continued to outperform the market during the fourth quarter. The technology giant and top position in the fund delivered on sky-high expectations during the quarter and reported quarterly expectations that exceeded expectations. The red-hot company provided forward-looking expectations which were regarded as slightly lackluster as compared to prior quarters that smashed expectations. While the stock did churn a bit in the quarter, the AI giant remains top of mind for investors, especially as the company is on pace to satisfy the ‘staggering’ demand for its new product, Blackwell, which is poised to enter the market over the next year. The company’s position of owning all the major pieces of the evolving AI data center enables it to strengthen its competitive position and to define the technology roadmap for generations to come.”