Billionaire Andreas Halvorsen’s 10 Stock Picks With Huge Upside Potential

5. NVIDIA Corporation (NASDAQ:NVDA)

Upside Potential as of April 28: 51.84%

Viking Global’s Stake Value: $272,875,266

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) designs and produces graphics processing units (GPUs) and related technologies. The GPUs are used in various applications, including gaming, professional visualization, AI, and data centers.

Despite an unassailable lead, NVIDIA Corporation (NASDAQ:NVDA) continues to pursue new products and innovations. On April 15, 2025, the company unveiled the GeForce RTX 5060 family of GPUs. The product line includes graphics cards starting at just $299, making its advanced Blackwell architecture technology accessible to mainstream gamers. The new GeForce RTX 5060 Ti and RTX 5060 graphics cards feature NVIDIA DLSS 4, full ray tracing, and neural rendering technologies for exceptional performance.

The company is also advancing its AI ecosystem through strategic partnerships. At ICLR in Singapore, the company is showcasing over 70 research papers. These cover multimodal generative AI, including Fugatto, the world’s most flexible audio generative AI model. Additionally, NVIDIA (NASDAQ:NVDA) announced that its NeMo microservices are now generally available, helping enterprises build AI agents with improved accuracy and efficiency. On April 17, 2025, Stifel analysts upheld their Buy rating and a price target of $180.00 for NVIDIA Corporation (NASDAQ:NVDA) shares. The opinion aligns with the broader Wall Street consensus that remains strongly bullish on the $2.60 trillion semiconductor giant.