9 Trending AI Stocks Making Headlines Today

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. One of the most notable analyst calls on Monday, March 24, was for Nvidia Corporation. Melius Research analyst Ben Reitzes reiterated the stock as “Buy”, stating that Nvidia is “now arguably defensive.”

“The clouds over the AI semis space mentioned above are winning this year despite Nvidia having tailwinds from inferencing and a clear line of sight on hyperscaler orders through year-end.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $175 implies a 44% upside, however, the Street-high target of $235 implies an upside of 94%.