12 Best Stocks to Buy and Hold for the Long Term

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3. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 212

NVIDIA Corporation (NASDAQ:NVDA) is one of the 12 Best Stocks to Buy and Hold for the Long Term. The company that has been at the forefront of AI technology is now entering the next phase of innovation with AI Humanoid Robots. On June 20, Reuters reported Taiwan’s Foxconn and NVIDIA Corporation (NASDAQ:NVDA) are collaborating to deploy humanoid robots at the Foxconn factory to produce NVIDIA’s AI servers.

This is a significant move as it marks the first time where NVIDIA’s products would be produced with robotic assistance and it would also make the Foxconn facility to be the first to deploy humanoids in its production line. According to the source the deployment is anticipated to be finalized in the coming months with humanoid robots working at the facility by the first quarter of next year.

Moreover, NVIDIA Corporation (NASDAQ:NVDA) also gained back investor confidence after beating Wall Street guidance for Q1 2025. The company posted a revenue of $44.06 billion, reflecting a 69% year-over-year increase. The top line exceeded the consensus by $813.47 million, despite the tariff situation and Chinese control.

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