Louis Navellier’s 10 Stock Picks with Huge Upside Potential

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders as of Q4: 223

Navellier & Associates’ Equity Stake: $79.34 Million

Upside Potential as of April 23: 74.7%

NVIDIA Corporation (NASDAQ:NVDA), a global leader in GPU-accelerated computing, is headquartered in Santa Clara, California, and is widely recognized for its pioneering work in graphics processing units (GPUs) used across gaming, professional visualization, data centers, and the automotive industry. In its latest financial results released on February 25, 2025, NVIDIA reported record-breaking performance, underlining its dominance in AI-driven technologies and data-centric infrastructure.

For the fourth quarter of fiscal 2025, NVIDIA Corporation (NASDAQ:NVDA) achieved a record revenue of $39.3 billion, representing a 12% increase from the previous quarter and a staggering 78% growth year-over-year. This performance was largely driven by its Data Center segment, which alone posted a record $35.6 billion in quarterly revenue, a 16% increase from Q3 and a 93% surge from the prior year. On a full-year basis, NVIDIA reported record revenue of $130.5 billion, marking a 114% increase from fiscal 2024. GAAP earnings per diluted share for the quarter were $0.89, up 14% sequentially and 82% year-over-year, while full-year GAAP earnings per diluted share reached $2.94, a remarkable 147% increase from the previous year.

NVIDIA Corporation (NASDAQ:NVDA)’s meteoric financial growth reflects its strategic focus on artificial intelligence infrastructure and deep learning technologies. CEO Jensen Huang recently met with Japanese Prime Minister Shigeru Ishiba on April 21 to advocate for increased electricity generation to meet the growing power demands of AI computing. The two leaders discussed Japan’s unique advantages in the AI space, particularly due to its expertise in robotics and industrial manufacturing, while emphasizing the critical need for new infrastructure to support energy-intensive AI systems.

Despite these external challenges, investor confidence in NVIDIA Corporation (NASDAQ:NVDA) remains strong. The stock currently holds a price target of $169.30, with analysts projecting a substantial upside potential of 74.7%. This positions NVIDIA as third in the list of Louis Navellier’s stock picks with huge upside potential, highlighting its continued appeal to investors eager to capitalize on the transformative growth of artificial intelligence and advanced computing technologies.