5 Best Momentum Stocks To Buy Now

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In this piece, we will take a look at the five best momentum stocks to buy now. If you want to find out what momentum trading is all about, then read 13 Best Momentum Stocks To Buy Now.

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors In Q4 2023: 173

NVIDIA Corporation (NASDAQ:NVDA) is the most valuable semiconductor company in the world. A continuing surge in investor optimism is boding well for the firm as it made history and crossed Alphabet and Amazon in market value in February 2024 briefly.

After scouring through 933 hedge fund portfolios for their fourth quarter of 2023 shareholdings, Insider Monkey found that 173 had bought a stake in NVIDIA Corporation (NASDAQ:NVDA). Rajiv Jain’s GQG Partners was the biggest investor due to its $6.8 billion stake.

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