15 Best Stocks to Invest In According to Billionaire D.E. Shaw

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1. NVIDIA Corporation (NASDAQ:NVDA)

Stock Performance (end of Q2 to October 28): 24.65%

Number of Hedge Fund Holders: 235

D .E. Shaw Equity Stake: $3.21 Billion

NVIDIA Corp (NASDAQ:NVDA) is one of the best stocks to invest in, according to billionaire D.E. Shaw. On October 30, Goldman Sachs analyst James Schneider reaffirmed a Buy rating on NVIDIA Corp (NASDAQ:NVDA), keeping the price target at $210. The call was backed by Nvidia’s bold projection of $500 billion in cumulative Datacenter revenue for 2025–26, outpacing Wall Street estimates. Schneider sees this as a strong signal for future stock performance.

Nvidia’s recent strategic moves, including a $1 billion investment in Nokia, partnerships with the U.S. Department of Energy and Uber, and the launch of NVQLink for quantum computing, add to its growth momentum. A day earlier, Morgan Stanley also maintained its Buy rating with the same $210 target, reflecting continued confidence in Nvidia’s long-term potential.

Earlier on October 20, NVIDIA Corp announced the availability of G4 virtual machines powered by NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs. The new machines are designed to enable artificial intelligence inference, visual computing, and simulation workloads. They also integrate with Google Kubernetes Engine and Vertex AI to enable containerized deployments and machine learning operations.

Consequently, Google Cloud customers will be able to use NVIDIA Omniverse to accelerate robotics development. The platform will also support third-party applications, including Autodesk AutoCAD, Blender, and Dassault SolidWorks.

NVIDIA Corp (NASDAQ:NVDA) is a technology giant that designs and manufactures chips (GPUs), systems, and software for a variety of markets, most notably for gaming, professional visualization, data centers, and the automotive industry.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.

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