15 AI Stocks That Are Dominating Headlines

1. NVIDIA Corporation (NASDAQ:NVDA) 

Market Capitalization: $3.6 Trillion 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 14, Raymond James analyst Srini Pajjuri raised the price target on the stock to $170 from $140 and kept a Strong Buy rating on the shares. Raymond James sees another strong quarter driven by healthy Hopper demand and early Blackwell ramps, but supply remains a wildcard and consensus has already moved higher, which could limit near-term upside, the advisory told investors in a research note. The advisory thinks $34 billion revenue for Q3 and $37 billion – $37.5 billion guidance is a more likely outcome, and says its base case is for Nvidia to ship roughly 100,000 Blackwell GPUs in Q4, near the low-end of expectations, though Blackwell ramps should accelerate in the first half of 2025 and see strong demand through 2025. Raymond James views any pullback due to high expectations as a buying opportunity.

While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVIDIA Corporation (NASDAQ:NVDA) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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