5 Most Undervalued Blockchain Stocks To Buy According To Hedge Funds

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1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors In Q3 2023: 180

Average Analyst Share Price Upside: 38%

Any discussion of blockchain is incomplete without NVIDIA Corporation (NASDAQ:NVDA), a firm whose GPUs are essential for efficient blockchain functioning. Even though the shares are up by 225% year to date, analysts continue to rate the stock as Strong Buy.

During Q3 2023, 180 out of the 910 hedge funds part of Insider Monkey’s database had invested in NVIDIA Corporation (NASDAQ:NVDA). Rajiv Jain’s GQG Partners was the biggest investor among these as it owned $6.1 billion worth of shares.

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