5 Best Performing Growth Stocks in January and February 2024

Page 5 of 5

1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Q4 2023 Hedge Fund Shareholders: 173

Share Price Performance: 64.61%

NVIDIA Corporation (NASDAQ:NVDA) is the hottest stock on Wall Street right now due to its well designed products aimed at AI use. This hasn’t stopped the firm from spreading its wings, and February 2024 saw NVIDIA Corporation (NASDAQ:NVDA) join Microsoft, Jeff Bezos, and others to pile in a collective $675 million into an AI robotics company.

173 out of the 933 hedge funds polled by Insider Monkey were NVIDIA Corporation (NASDAQ:NVDA)’s shareholders as of Q4 2023 end. Rajiv Jain’s GQG Partners owned the biggest stake which was worth $6.8 billion.

Follow Nvidia Corp (NASDAQ:NVDA)

Disclosure: None. You can also take a look at 20 Countries With Worst Vision Problems and 11 Best Brewery and Distillery Stocks to Buy Now.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Follow Insider Monkey on Twitter

Page 5 of 5