5 Best Seasonal Stocks To Buy Now

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors In Q3 2023: 180

NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor designer that has been in the news throughout 2023 because of its A.I. chips. The firm’s C.E.O., Jensen Huang, made headlines in November 2023 when he shared during a talk that it would take the U.S. two decades to achieve chip manufacturing independence.

For their third quarter of 2023 shareholdings, 180 out of the 910 hedge funds covered by Insider Monkey’s research had bought and owned NVIDIA Corporation (NASDAQ:NVDA)’s shares. Ken Fisher’s GQG Partners was the largest investor among these since it owned $6.1 billion worth of shares.

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