5 Best Booming Stocks to Buy Now According to Hedge Funds

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 175

Share Price Gains Year to Date: 201.36%

One of the largest semiconductor manufacturers, NVIDIA Corporation (Nasdaq:NVDA) hit $1 trillion in market capitalization at the end of May. This year till date its shares are up about 201%.

Insider Monkey took a look at hedge fund portfolios for NVIDIA Corporation (Nasdaq:NVDA) Q2 2023 investments and found out that 175 had a stake in NVIDIA Corporation (Nasdaq:NVDA. Citadel Investment Group was its biggest shareholder which has roughly 21.4 million shares for about $9 billion of NVIDIA Corporation (Nasdaq:NVDA).