5 Best Momentum Stocks to Buy Today

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Funds Investors In Q1 2023: 132

NVIDIA Corporation (NASDAQ:NVDA) is one of the biggest semiconductor designers in the world. While its products were initially used for gaming, they have now revolutionized the artificial intelligence industry. The firm’s shares are rated Strong Buy on average.

Insider Monkey dug through 943 hedge funds for their March quarter of 2023 shareholdings to find out that 132 had invested in the chip company. NVIDIA Corporation (NASDAQ:NVDA)’s largest hedge fund investor is Ken Fisher’s Fisher Asset Management with a $2.7 billion stake.

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