Billionaire Israel Englander’s Top 10 Stock Picks Heading Into 2025

2. NVIDIA Corp (NASDAQ:NVDA)

Millennium Management’s Stake Value: $1.35 Billion

Number of Hedge Fund Holders: 193

NVIDIA Corp (NASDAQ:NVDA) is a technology giant that is shaping the artificial intelligence race with its graphic processing units, or GPUs. Strong demand for chips for use in powering data centers and AI models was the catalyst that propelled the stock to all-time highs. While the stock was up by about 194% in 2024 and looks overvalued, it remains one of billionaire Israel Englander’s top stock picks in 2025.

NVIDIA Corp’s (NASDAQ:NVDA) prospects in 2025 lie in its new Blackwell graphics processing units. While the company has started shipping, demand remains insane, according to Chief Executive Officer Jensen Huang. Blackwell is expected to be the company’s most successful product ever, and it is expected to strengthen the company’s revenue base. Even with the launch of Blackwell, Hopper GPUs remain in strong demand, further strengthening the company’s revenue base.

With about $1 trillion worth of investments going to data centers, Nvidia should be the biggest beneficiary with its array of graphic processing units. Nvidia’s GPUs are the industry standard for accelerated computing, and no competitor seems likely to overtake the business anytime soon.

Manole Capital Management stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q3 2024 investor letter:

“As of this publication, Nvidia is up roughly 150% year-to-date. NVIDIA Corporation (NASDAQ:NVDA) was the largest gainer in the S&P 500 last year and has more than tripled in value over the last year. It hit an eye-opening market capitalization of $3 trillion in June, less than four months after it eclipsed the $2 trillion mark. Enthusiasm for everything AI-related, especially for the primary chip maker whose products are essential to powering AI technology, continues to fuel the market. Last quarter, and for the fifth consecutive quarter, Nvidia reported sales and profits that blew past Wall Street expectations. The stock rose +37% in the second quarter alone.”