11 Best Stocks You’ll Wish You Bought Sooner

3. Nvidia Corporation (NASDAQ:NVDA)

Price Return Over 3 Years: 1004.0%

Return On Equity: 60.6%

Potential Upside: 36.3%

Number of Hedge Fund Holders: 234

Nvidia Corporation (NASDAQ:NVDA) is among the best stocks you’ll wish you bought sooner.

On Thursday, December 4, Reuters reported that a group of U.S. senators introduced a bill, known as the SAFE CHIPS Act, that aims to block any changes to rules restricting the supply of advanced AI semiconductors from Nvidia and AMD to countries including China, Russia, Iran, and North Korea.

The Reuters report argues that the bill follows reports that the Trump administration may approve the potential supply of Nvidia’s H200 to China. While supporting the bill, Democrat Senator Chris Coons wrote on X:

“We’re taking action to protect America’s AI leadership and ensure our most advanced chips don’t end up in the hands of the CCP. That’s why I’m introducing the SAFE CHIPS Act with @SenatorRicketts to strengthen U.S. innovation and national security.”

In another development, on November 1, Morgan Stanley analyst Joseph Moore raised his price target on Nvidia Corporation (NASDAQ:NVDA) from $235 to $250, while reaffirming an Overweight rating, according to TheFly. The upward target revision reflects the analyst’s increased confidence in the company’s long-term revenue trajectory tied to its Blackwell and Rubin product ramps.

The analyst noted that he had previously taken a conservative approach when management talked about the potential $500 billion revenue opportunity during Nvidia Corporation’s (NASDAQ:NVDA) GTC event. He instead opted to wait for third-party validation rather than immediately adjust forecasts.

However, following discussions with multiple industry contacts across Asia and the U.S., the analyst now believes that the end-market demand signals and supply chain feedback are sufficient to support a higher revenue outlook. While the revised estimates remain below CEO Jensen Huang’s more aggressive “$500 billion in five quarters” commentary, he believes “clearly the situation is strong.”

Nvidia Corporation (NASDAQ: NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip (SoC) units, and AI hardware and software.