Ken Griffin Stock Portfolio: 10 Stocks to Buy

2. NVIDIA Corporation (NASDAQ:NVDA)

Citadel Investment Group’s Stake: $864.9 million

NVIDIA Corporation (NASDAQ:NVDA) is a global leader in graphics computing and networking solutions, with its GPUs driving high demand in gaming and AI applications. This strong market position has propelled the company to a trillion-dollar valuation.

On October 29, NVIDIA introduced its Enterprise Reference Architectures, providing blueprints to help partners and customers develop AI factories. More recently, on November 6, the company announced a collaboration with Hugging Face aimed at advancing open-source AI robotics research and development.

As NVIDIA’s earnings report approaches, analysts at Jefferies anticipate another stellar quarter for the AI powerhouse. They expect the company to exceed revenue expectations and raise its guidance, fueled by the rollout of its Blackwell processors and continued growth in the Hopper GPU lineup. In a November 15 note, Jefferies projected NVIDIA Corporation (NASDAQ:NVDA) to surpass the consensus revenue estimate of $33 billion for October, forecasting $34 billion—$1.5 billion above the company’s guidance of $32.5 billion. Looking ahead to January, the analysts expect revenue to exceed the consensus estimate of $36.6 billion, projecting $38.1 billion. Jefferies attributes its optimism to the robust performance of NVIDIA’s Blackwell processors, with third-quarter revenue estimated at $4 billion and expected to surge to $9 billion in Q4. Similarly, the Hopper GPUs, alongside the H20 product line, are anticipated to maintain strong momentum, with H20 revenues forecasted to grow from $1.8 billion in Q3 to $4.2 billion in Q4.