Is NVIDIA Corporation (NVDA) Among the Best Aggressive Growth Stocks to Buy According to Hedge Funds?

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Fri, December 13, 2024

[ Fri, Dec 13th 2024 ]: The Motley Fool Canada

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Elon Musk becomes the first-ever person to be worth $400 billion

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[ Thu, Dec 12th 2024 ]: The Motley Fool

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[ Wed, Dec 11th 2024 ]: Associated Press

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[ Wed, Dec 11th 2024 ]: Reuters

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[ Wed, Dec 11th 2024 ]: Investopedia

Janus Henderson Has Four Tips for Investors With Cash to Spare in 2025

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Is NVIDIA Corporation (NVDA) Among the Best Aggressive Growth Stocks to Buy According to Hedge Funds?

//stocks-investing.news-articles.net/content/202 .. owth-stocks-to-buy-according-to-hedge-funds.html

Published in Stocks and Investing on Wednesday, December 11th 2024 at 11:42 GMT by Insider Monkey
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

We recently compiled a list of the 12 Best Aggressive Growth Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands

The article from Insider Monkey discusses whether NVIDIA Corporation (NVDA) is considered one of the best aggressive growth stocks to buy, based on hedge fund sentiment. It highlights NVIDIA's significant role in the AI and gaming industries, noting that the company's GPUs are pivotal in these sectors. The piece mentions that hedge funds have shown considerable interest in NVIDIA, with 112 hedge funds holding stakes in the company as of the end of the third quarter, indicating strong institutional backing. This interest is attributed to NVIDIA's robust growth prospects, driven by the increasing demand for AI technologies, autonomous vehicles, and data centers. The article also references NVIDIA's stock performance, its forward-looking statements about future growth, and compares its market position with other tech giants, suggesting that despite its high valuation, NVIDIA remains a favored choice for aggressive growth investors due to its technological leadership and market potential.

Read the Full Insider Monkey Article at:
[ https://www.insidermonkey.com/blog/is-nvidia-corporation-nvda-among-the-best-aggressive-growth-stocks-to-buy-according-to-hedge-funds-1405297/ ]

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