Long-Term Stock Portfolio: 15 Best Stocks for 15 Years

4. NVIDIA Corporation (NASDAQ:NVDA)

10-Year Revenue Growth: ~39.4%

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA)’s healthy technological leadership in GPU design and AI acceleration places the company well to reap the benefits of AI revolution. Its ongoing innovations, including the Blackwell architecture and Dynamo Operating System, exhibit its capability to remain ahead of the curve in addressing the dynamic needs of AI workloads. NVIDIA Corporation (NASDAQ:NVDA)’s comprehensive approach, which focuses on combining cutting-edge hardware with a strong software ecosystem, helps in creating a robust value proposition for customers. As a result, it is difficult for competitors to replicate the company’s offerings, potentially enhancing its market leadership.

NVIDIA Corporation (NASDAQ:NVDA)’s expansion into enterprise and edge computing markets helps in creating strong new growth avenues. With AI adoption accelerating throughout numerous industries, there seems to be a higher demand for powerful computing solutions at the edge of networks, where low-latency processing remains important. IBM has announced new collaborations with NVIDIA Corporation (NASDAQ:NVDA), including planned new integrations based on the NVIDIA AI Data Platform reference design to support enterprises in putting their data to work to help build, scale as well as manage GenAI workloads and agentic AI applications.

Columbia Threadneedle Investments, an investment management company released its Q4 2024 investor letter. Here is what the fund said:

“NVIDIA Corporation (NASDAQ:NVDA) continued to outperform the market during the fourth quarter. The technology giant and top position in the fund delivered on sky-high expectations during the quarter and reported quarterly expectations that exceeded expectations. The red-hot company provided forward-looking expectations which were regarded as slightly lackluster as compared to prior quarters that smashed expectations. While the stock did churn a bit in the quarter, the AI giant remains top of mind for investors, especially as the company is on pace to satisfy the ‘staggering’ demand for its new product, Blackwell, which is poised to enter the market over the next year. The company’s position of owning all the major pieces of the evolving AI data center enables it to strengthen its competitive position and to define the technology roadmap for generations to come.”