10 Must-Watch AI Stocks on Wall Street

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Must-Watch AI Stocks on Wall Street. On July 11, Wedbush reiterated the stock as “Outperform”. The firm said its checks show high demand for Nvidia products.

“We saw demand for both NVDA GPUs [graphics processing unit] and AI accelerators lifting.”

In other news, Nvidia CEO Jensen Huang will be holding a media briefing in Beijing on July 16. The meeting marks his second visit to the country after his trip in April, where he highlighted the importance of the Chinese market.

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $175 implies a 6% upside; however, the Street-high target of $250 implies an upside of 52%.

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, providing high-performance GPUs and platforms that power data centers, autonomous vehicles, robotics, and cloud services.