5 Undervalued Stocks to Buy According to Goldman Sachs

4. NVIDIA Corporation (NASDAQ:NVDA)

Share Price Upside: 28%

Average Analyst Share Price Target: $619.69

NVIDIA Corporation (NASDAQ:NVDA) is perhaps the hottest stock on the market right now when it comes to media attention and share price performance. The firm is currently busy assuring investors that it will be able to meet the early wave of demand for AI products, on which most of its recently stellar valuation is based.

Goldman Sachs trimmed its NVIDIA Corporation (NASDAQ:NVDA) stake by 3% during this year’s June quarter, but it still owns a sizeable $6.3 billion. Speaking of hedge funds, 175 out of the 910 polled by Insider Monkey had invested in the company during the same time period out of which the biggest stakeholder is Rajiv Jain’s GQG Partners with a $5.8 billion investment.

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