JP Morgan’s Top 5 Stock Picks for 2023

3. NVIDIA Corporation (NASDAQ:NVDA)

JPMorgan’s Q3 2023 Investment Value: $15.1 billion

NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor designer that makes and sells GPUs. The firm beefed up its AI platform ahead of a crucial earnings release in November as it announced new networking technologies for AI server lineups.

By the end of this year’s second quarter, 175 out of the 910 hedge funds part of Insider Monkey’s database had invested in NVIDIA Corporation (NASDAQ:NVDA). In the following quarter, Rajiv Jain’s GQG Partners was the largest shareholder as it owned $6.1 billion worth of shares.

Follow Nvidia Corp (NASDAQ:NVDA)