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5 Best Machine Learning Stocks To Invest In

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In this article, we discuss the 5 best machine learning stocks to invest in. To read a detailed analysis of the machine learning industry, go directly to the 13 Best Machine Learning Stocks To Invest In.

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 173

NVIDIA Corporation (NASDAQ:NVDA) is a tech company that provides a range of machine learning and analytics software libraries and software solutions, including RAPIDS, Deep Learning SDK libraries, NVIDIA GPU Cloud (NGC), and others. Additionally, NVIDIA Hopper and Ampere GPU graphics processing units are designed specifically for accelerating AI tasks, especially deep learning. One of the main features of these GPUs is their tensor cores which are specialized hardware units tailored for performing matrix multiplication operations commonly used in deep learning algorithms. The company takes the 5th spot on our list of best machine learning stocks to invest in.

Based on 39 Wall Street analysts’ ratings over the past three months, NVIDIA Corporation (NASDAQ:NVDA) has a consensus rating of Strong Buy. The average price target of $983.84 implies an upside of 12.41% from the price of $875.25 on April 8.

In Q4 of 2023, 173 hedge funds held positions in NVIDIA Corporation (NASDAQ:NVDA) and their stakes amounted to $33.764 billion. This is compared to 180 funds with positions in the stock in the preceding quarter worth $29.576 billion. As of December 31, 2023, GQG Partners is the most dominant shareholder in the company and has a position worth $6.88 billion.

Palm Valley Capital Management stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its first quarter 2024 investor letter:

“Such beguiling prognostications are indigenous to Wall Street—the biggest showcase of them all. The ferocious march higher of NVIDIA Corporation (NASDAQ:NVDA)’s stock on expectations of its continued dominance in artificial intelligence (AI) chips might even confound the galley slavedriver in Ben-Hur. Ramming speed!

Nvidia’s share price seems to imply the firm will soon control nearly the entire global semiconductor market (over half a trillion in sales vs. Nvidia’s current $60 billion) while maintaining an operating margin of 54%—unprecedented for a hardware company. Leading hardware firms rarely retain their supremacy forever: IBM, Hewlett Packard, Digital Equipment Corporation, Intel, and Cisco all fell from their storied perches…” (Click here to read the full text)

Follow Nvidia Corp (NASDAQ:NVDA)

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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