14 AI Stocks to Watch According to Latest News and Ratings

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4. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 193 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 19, Truist raised the price target on the stock to $167 from $148 and kept a Buy rating on the shares ahead of its Q3 results. The advisory expects the company to deliver upside vs. consensus while also expressing confidence in 2025 owing to a very robust backlog, Truist told investors in a research note. Nvidia management commentary will focus on the next drivers of growth after LLMs – data processing, and physical AI – and the advisory is raising its estimates based on higher growth expectations in the Datacenter end market, with FY24 EPS view up 4c to $2.85 and FY25 view up 49c at $4.18, Truist added.

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