15 AI Stocks Making Waves on Wall Street

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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 21, Mizuho raised the price target on the stock to $175 from $165 and kept an Outperform rating on the shares after the company reported a strong October-end quarter sales result of $35.1 billion and guided January-end quarter revenue to $37.5 billion, which the advisory notes was in line with consensus at $37 billion, but below buy-side estimates of $39 billion-plus. The advisory, which says Nvidia remains a Mizuho 2024 Top Pick and is leading the AI accelerator market, recommends investors buy the pullback.

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