5 Best 5G Stocks To Buy According to Hedge Funds

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 173

Based in Delaware, NVIDIA Corporation (NASDAQ:NVDA) is a renowned American multinational technology company specializing in integrated circuit development. The company’s AI-on-5G platform is a standout in the 5G sector, comprising NVIDIA-Certified Systems™, converged accelerators, the NVIDIA Aerial™ SDK for software-defined 5G virtual radio area networks (vRANs), and a range of enterprise AI applications and SDKs.

In Q4 2023, NVIDIA Corporation (NASDAQ:NVDA) garnered investments from 173 out of the 933 hedge funds tracked by Insider Monkey. Among these investors, Rajiv Jain’s GQG Partners held the largest stake, with investments totaling $6.8 billion in the company.