13 Best QQQ Stocks to Buy According to Hedge Funds

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4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 212

NVIDIA Corporation (NASDAQ:NVDA) is one of the best QQQ stocks to buy according to hedge funds. On June 19, Simply Wall St reported that NVIDIA entered into a collaboration with Tech Soft 3D and a partnership with Dell Technologies and Trend Micro. These alliances are focused on enhancing interoperability and developing AI-powered cybersecurity solutions.

]In FQ1 2026, NVIDIA reported strong financial results, with revenue reaching $44.1 billion, which was up 69% year-over-year. Data Center revenue was particularly strong and reached $39.1 billion, which was up 73%. Gaming revenue also reached a record $3.8 billion, which grew by 42%.

Looking ahead, NVIDIA forecasts revenue for FQ2 to be ~$45.0 billion, plus or minus 2%, which includes an estimated loss of $8 billion in H20 revenue due to export control limitations. NVIDIA incurred a $4.5 billion charge in FQ1 due to excess inventory and purchase obligations of its H20 products, following US government export license requirements to China.

NVIDIA Corporation (NASDAQ:NVDA) is a computing infrastructure company that provides graphics and compute & networking solutions internationally.

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