Is NVIDIA (NVDA) One of the Best Stocks to Invest in for the Next 3 Years?

NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Stocks to Invest in for the Next 3 Years. On December 18, Tigress Financial lifted the price target on the company’s stock to $350 from $280, while maintaining a “Strong Buy” rating on the company’s stock, as reported by The Fly. The firm tagged NVIDIA Corporation (NASDAQ:NVDA)’s position as the premier AI investment, possessing dominant full-stack data center leadership as well as accelerating adoption throughout autonomous driving, healthcare, and other high-growth verticals.

Tigress Financial Raises PT on NVIDIA (NVDA) Stock

Furthermore, the firm specifically highlighted NVIDIA Corporation (NASDAQ:NVDA)’s healthcare franchise and cited this as a powerful and underappreciated growth driver, which reinforces the appeal as a long-duration AI infrastructure investment. The firm also hinted at NVIDIA Corporation (NASDAQ:NVDA)’s healthy balance sheet and cash flow that continue to support the company’s balanced capital allocation strategy.

In a different update, on December 15, the company announced the NVIDIA Nemotron™ 3 family of open models, data, and libraries that are designed to power transparent, efficient, and specialized agentic AI development throughout industries. The Nemotron 3 family of open models, in Nano, Super, and Ultra sizes, introduces the most efficient family of open models possessing leading accuracy for building agentic AI applications.

NVIDIA Corporation (NASDAQ:NVDA) highlighted that Nemotron 3 Nano is capable of delivering 4x higher throughput than Nemotron 2 Nano. Also, it delivers the most tokens per second for multi-agent systems at scale through the breakthrough hybrid mixture-of-experts architecture.

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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Disclosure: None. This article is originally published at Insider Monkey.