Top 12 AI Stocks Dominating the Market Right Now

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3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. One of the biggest analyst calls for Tuesday, February 11, was for Nvidia Corporation. Citigroup reiterated the stock as “Buy”, stating that the artificial intelligence chipmaker is very well positioned ahead of earnings later this month.

“However, we believe attention will shift to strength from AI companies as NVDA, AVGO and MU report in March and cell phone demand appears to be solid along [with] demand from data center and PC demand appears to be seasonal.”

Analysts on Wall Street currently have a consensus Buy rating on NVDA stock. The average price target of $175 implies an upside of 31.72% from current levels, however, the Street-high target of $220 implies a 66% upside.

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