8 Best Humane Stocks to Invest in Now

Page 7 of 7

1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors: 193

ESG Score: 61

NVIDIA Corporation (NASDAQ:NVDA) is a global leader in accelerated computing and artificial intelligence (AI) semiconductors, software, and systems. The company’s products are integral to gaming, data centers, and autonomous vehicles. NVIDIA Corporation’s (NASDAQ:NVDA) Graphics Processing Units (GPUs), are increasingly used in applications that drive positive environmental and social impact, particularly in the field of Artificial Intelligence (AI), which can help optimize energy efficiency and solve complex problems across various industries.

NVIDIA Corporation (NASDAQ:NVDA) is making significant strides in the digital health sector by leveraging AI agents to address the growing labor shortage and rising healthcare costs. The company is developing and deploying domain-specific AI agents that can perform a wide range of tasks, from administrative support to patient care. These agents, built on the company’s AI Enterprise platform, are designed to integrate seamlessly into existing healthcare systems. In January, NVIDIA Corporation (NASDAQ:NVDA) announced a partnership with IQVIA, a leading clinical research and healthcare analytics company to develop custom AI models and workflows to streamline clinical research and bring new medicines to market faster.

NVIDIA Corporation (NASDAQ:NVDA) is also revolutionizing drug discovery through its BioNeMo platform, an end-to-end solution for AI-driven drug discovery. The platform supports the entire lifecycle of drug development, from target discovery to clinical trials. The company’s BioNeMo platform includes a suite of microservices and reference applications that can be easily integrated into existing drug discovery workflows.

While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure. None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 7 of 7