12 Best Major Stocks to Buy According to Billionaires

6. NVIDIA Corporation (NASDAQ:NVDA)

No. of Billionaire Holders: 29

No. of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) is the leader in the AI space and specializes in AI-driven solutions. It provides products and services for data centers, self-driving cars, robotics, and cloud services. The tariff cut on China and the new supply chain agreements in the Middle East can be a big deal for the company. The U.S. administration’s development towards establishing agreements with UAE-based G42 and Saudi Arabia’s HUMAIN could accelerate Nvidia’s growth, aligning with moves to ease export controls on AI technology. Nvidia’s strategic positioning in the Middle East presents a promising opportunity for it.

NVIDIA Corporation (NASDAQ:NVDA) surpassed both revenue and earnings estimates for the fourth quarter of fiscal 2025. The company posted a record quarterly revenue of $39.3 billion, beating estimates by $1.19 billion. The adjusted earnings were around $0.89, surpassing the consensus by $0.04. The demand for Nvidia’s Blackwell AI supercomputers was robust and added billions in revenue in its debut quarter.

On May 12, UBS reiterated a Buy rating on NVDA, cutting the price target from $180 to $175 per share. The firm mentioned that Nvidia seems promising following the Taiwan Ministry of Finance’s release of April export data. Despite the price target reduction, the firm has confidence in Nvidia’s market position and potential for growth. Wedbush analyst Dan Ives recently mentioned that he sees one clear winner in the easing of trade tensions. “It would have to be Nvidia,” Ives told Yahoo Finance in an interview. The analyst says that the broader tariff relief rally in tech, along with the AI investment cycle, creates a “dream scenario” for the AI chip maker.

“I think [the stock] makes … new all-time highs because there’s only one chip in the world fueling the AI revolution, and that’s led by [the] godfather of AI, Jensen, and Nvidia,” Ives said.