5 Stocks to Buy Today According to British Billionaire David Harding

2. NVIDIA Corporation (NASDAQ: NVDA)

Harding’s Stake Value: $14,175,000
Percentage of David Harding’s 13F Portfolio: 0.76%
Number of Hedge Fund Holders: 86

NVIDIA Corporation (NASDAQ: NVDA) is a technology company with operations all over the world. It was incorporated in 1993 and is ranked second on the list of 10 stocks to buy today according to British billionaire David Harding. NVIDIA Corporation (NASDAQ: NVDA) shares have gained about 74.98% over the last 12 months.

On August 24, NVIDIA Corporation (NASDAQ: NVDA) announced its AI Enterprise software suite of AI tools and frameworks for VMware, Inc.’s (NYSE: VMW) vSphere cloud computing virtualization platform. On August 20, Benchmark analyst David Williams reiterated a coverage on NVIDIA Corporation (NASDAQ: NVDA) with a “Buy” rating and gave the price target of $230.

Winton Capital Management holds 17,717 shares in NVIDIA Corporation (NASDAQ: NVDA) worth $14.18 million, representing 0.76% of their portfolio. In addition, hedge funds are loading up on NVIDIA Corporation (NASDAQ: NVDA), as Insider Monkey’s data shows that 86 hedge funds held stakes in the company as of the second quarter of 2021, compared to 80 funds at the end of the first quarter of 2021.

In its second-quarter, 2021 investor letter Vulcan Value Partners, mentioned NVIDIA Corporation (NASDAQ: NVDA). Here is what the fund said: 

NVIDIA Corp. was a material contributor during the quarter. NVIDIA’s products are at the intersection of a number of important computing trends including the movement to the Cloud, artificial intelligence, autonomous vehicles, edge computing, gaming, and more. The company continues to execute well, and its value continues to compound rapidly.”