5 Most Undervalued Dow Stocks to Buy According to Wall Street Analysts

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1. NVIDIA Corporation (NASDAQ:NVDA)

Price Target Upside: 51.35%

P/E Ratio: 22.22

NVIDIA Corporation (NASDAQ:NVDA) is among the most undervalued stocks.

TheFly reported on June 29 that Bit Origin Ltd. (BTOG) announced the purchase of approximately $11 million worth of NVDA Blackwell B300 AI infrastructure assets. The acquisition includes 16 NVIDIA Blackwell B300 AI servers that have already been purchased by the seller and are expected to be delivered in the third quarter of 2026. Following delivery, the servers are planned to be deployed at a Malaysian data center under existing hosting agreements. The company also obtained related customer deployment arrangements, which are expected to generate about $360,000 in recurring monthly revenue before expenses. The transaction consists of $1 million in cash and $10 million in equity through pre-funded warrants.

Separately, on June 29, Palantir Technologies (PLTR) announced a strategic collaboration with NVIDIA Corporation (NASDAQ:NVDA) focused on creating an AI platform for deploying Nvidia AI and Nemotron open models in secure sovereign environments. The initiative targets U.S. government organizations and critical infrastructure sectors where advanced AI capabilities are important for security, innovation, and operational efficiency. By combining NVDA’s AI technologies with Palantir’s software platforms and specialized solutions, the companies aim to support the development and deployment of open models while allowing organizations to maintain control over their data, intellectual property, and AI systems.

NVIDIA Corporation (NASDAQ:NVDA) is a leading technology company developing GPUs, AI chips, and computing systems that power modern data centers and artificial intelligence.

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 the cheapest AI stock.

READ NEXT: 8 Mining Stocks with the Highest Dividends and 10 UK Stocks with the Highest Dividends.

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