Goldman Sachs’ Top 5 Stock Picks for 2024

3. NVIDIA Corporation (NASDAQ:NVDA)

Goldman Sachs’ Q3 2023 Investment Value: $6.5 billion

NVIDIA Corporation (NASDAQ:NVDA) is one of the biggest and most valuable semiconductor designers in the world. Its products are at the heart of the ongoing AI revolution, and these days, NVIDIA Corporation (NASDAQ:NVDA) is facing the heat from Microsoft as the latter recently announced its own set of AI chips.

Insider Monkey dug through 910 hedge fund portfolios for their second quarter of 2023 shareholdings to discover that 175 had invested in the firm. NVIDIA Corporation (NASDAQ:NVDA)’s biggest hedge fund investor in Q3 was Rajiv Jain’s GQG Partners due to its $6 billion investment.

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