5 Best Reddit Stocks To Buy Now

Page 5 of 5

1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 132

NVIDIA Corporation (NASDAQ:NVDA) tops our list of the best Reddit stocks to buy now. The multinational tech company got 94 mentions on r/wallstreetbets in the last 24 hours. Its $50 million worth of investment in Recursion Pharmaceuticals (RXRX), an AI drug discovery platform, has grabbed retail investors’ attention. The Reddit community believes that AI drug discovery is now a highly popular market for investment in the startup industry. By utilizing AI technology, the process of discovering new drugs is being revolutionized, leading to quicker and more cost-effective development methods.

NVIDIA Corporation (NASDAQ:NVDA) was a popular buy among hedge funds in Q1 2023, as 132 hedge funds tracked by Insider Monkey owned stakes in the company, up from 106 in the previous quarter.

Follow Nvidia Corp (NASDAQ:NVDA)

You can also take a look at 10 Best Innovative Stocks that Pay Dividends and Ray Dalio’s China Stocks

Follow Insider Monkey on Twitter

Page 5 of 5