11 Most Promising Future Stocks According to Hedge Funds

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corp (NASDAQ:NVDA) is a full-stack computing infrastructure company that uses accelerated computing to help solve challenging computational problems. Its state-of-the-art data center GPUs, such as the H100 and Blackwell chips, are critical for AI workloads. The company is thus a pivotal player in the AI infrastructure, as its GPUs power key AI platforms and models.

NVIDIA Corp (NASDAQ:NVDA) also powers some of the leading AR and VR devices worldwide. For instance, the NVIDIA Omniverse delivers the world’s first full-fidelity, fully ray-traced XR experiences. The company is also advancing technology to employ AR technology in vehicles, with its NVIDIA Drive AR processor collecting data and displaying it to drivers through AR.

On April 30, Bernstein analyst Stacy Rasgon maintained a Buy rating on NVIDIA Corp (NASDAQ:NVDA) and set a price target of $185.00. Morgan Stanley analyst Joseph Moore also expressed bullish sentiments for the stock on April 28, raising his revenue and earnings estimates for 2026. He cited “explosive” demand for inference chips and said that the company’s focus on AI-driven growth and the strong demand for its GPUs makes it a “top pick” for investors seeking exposure to the AI revolution.