10 Stocks Moving On Key Analyst Calls

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1. NVIDIA Corp (NASDAQ:NVDA)

Number of Hedge Fund Investors: 235

Tom Lee, Fundstrat’s head of research, said in a program on CNBC on September 25 that Nvidia valuation is still “reasonable.” The analyst compared the chipmaker’s valuation to some other major companies:

“I agree there is going to eventually be a shakeout, but I think valuations, strangely enough, are actually pretty reasonable today compared to 1998 because, you know, 1998 was that liftoff point before that final 18-month surge. And I’d say the best benchmark is NVIDIA Corp (NASDAQ:NVDA) trades at 26 times forward earnings. Cisco at that same exact moment was at 60 times and Cisco’s PE peaked at 210 times Ford earnings. So NVIDIA Corp (NASDAQ:NVDA) to me is still a bargain at 26 times. It’s cheaper than Costco and Walmart which are close to 50 times forward earnings.”

Baird Chautauqua International and Global Growth Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its second quarter 2025 investor letter:

“NVIDIA Corporation (NASDAQ:NVDA) reported first quarter results that were extremely solid. The company took a write-down on China-specific datacenter products and flushed out any future China contributions from their guidance, following the new export restrictions introduced in April. Demand commentary ex China was extremely encouraging—Nvidia is outgrowing expectations despite supply constraints and outgrowing competing ASIC products by a large margin. We have been underweight Nvidia relative to the benchmark, which was up 46% in the quarter, given our short-to medium-term concerns that the feverish AI datacenter build may be resulting in overcapacity, which has not come to bear.”

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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