5 Best Stocks for Long Term Growth

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1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors In Q1 2023: 132

NVIDIA Corporation (NASDAQ:NVDA) is one of the most pivotal semiconductor designers these days, due to the crucial role its products play in powering up artificial intelligence solutions like ChatGPT. Naturally, it tops our list and has an average share price target of $467.95. Bank of America, Goldman Sachs, and Deutsche Bank all have a Buy rating for the shares.

By the end of March 2023, 132 out of the 943 hedge funds profiled by Insider Monkey had invested in NVIDIA Corporation (NASDAQ:NVDA). Ken Fisher’s Fisher Asset Management is the largest shareholder with a $2.7 billion investment.

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Disclosure: None. You can also take a look at 10 Best Big Name Stocks to Buy Now and 11 Best FMCG Stocks To Buy Now.

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