10 Trending AI Stocks on Wall Street’s Radar

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 235

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Trending AI Stocks on Wall Street’s Radar. On October 21, Mizuho reiterated its rating for the stock as “Outperform,” stating that it’s sticking with the tech giant.

“We see NVDA remaining the leader in the AI training and inference chips for Data Center applications (we estimate > 95% share today), which we believe is growing at ~60% CAGR to > $500B by 2028E.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $215 implies a 20.47% upside; however, the Street-high target of $389 implies an upside of 118.37%.

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.