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Wed, December 11, 2024
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Is NVIDIA Corporation (NVDA) Among the Best Aggre .. ve Growth Stocks to Buy According to Hedge Funds?

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


Published on 2024-12-11 11:42:01 - Insider Monkey
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  • 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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