NVIDIA Corp (NASDAQ:NVDA is one of the Top 10 Stocks Wall Street is Buzzing About These Days.
Josh Brown, CEO of Ritholtz Wealth Management, recently said during a program on CNBC that he is giving “permission” to his followers to sell NVIDIA Corp (NASDAQ:NVDA) shares and take some profits amid the stock’s strong performance. However, the analyst said he is not selling Nvidia shares.
“I’m not selling. I’m giving people permission. Let me give you the context. On the China front, let’s just do this quickly. Bernstein reiterated Nvidia, $185 target. And what they said was that for every 10 billion dollars in recovered revenue in China, meaning business we didn’t think they could do up until a few days ago, that could add 25 cents to Nvidia’s earnings per share. So they say that could be like 40–50 cents in 2026 if they capture back 15 to 20 billion worth of China revenue. Great news. Happy to hear that as a long. Be that as it may, put that aside. We’ll assume Bernstein has it roughly right.”
Brown said over the past few years, he’s seen “mostly ups” holding NVIDIA Corp (NASDAQ:NVDA) shares
“People walk up to me on the street. They come to me at stores, airports, you name it. The question that I’m getting the most over the last month or so is not, “Do you still like Nvidia?” It’s, “Should I sell some Nvidia?” And I totally get it. Look at what the stock has just done. It’s really remarkable.”
Photo by Vishnu Mohanan on Unsplash
With its latest numbers and stock performance, Nvidia was able to prove the skeptics wrong. In its recently reported quarter, Nvidia’s data center computer revenue rose 76% year over year, driven by Blackwell GB200. The company is finding new catalysts for growth. Saudi Arabia’s Humain plans to buy more than 200,000 AI GPUs from Nvidia, potentially generating $15 billion in sales. The UAE reportedly has an agreement for up to 500,000 GPUs. Even without China’s involvement for now, Nvidia said nearly 100 AI factories are under construction. These factories have hyperscalers deploying 1,000 GB200 NVL72 racks weekly, each with 72,000 Blackwell GPUs.
Patient Capital Opportunity Equity Strategy stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its second quarter 2025 investor letter:
“NVIDIA Corporation (NASDAQ:NVDA) recovered strongly in the second quarter, climbing back from earlier declines to end the quarter at an all-time high. As the undisputed leader in Graphics Processing Units (GPUs), Nvidia continues to benefit from surging demand for AI training and inference. Despite concerns over competition from TPUs and rivals like AMD, Nvidia remains in the lead. The company is rapidly releasing next-gen products, with the Blackwell line-up, its fastest architecture yet, hitting the market just 2 years after its predecessor. Moreover, Nvidia is aggressively expanding into adjacent areas including robotics, edge AI, AI cloud leasing, and AI software putting them in direct competition with some of their biggest customers. CEO Jensen Huang describes Nvidia as a “full-stack, accelerated computing platform”, reflecting its blend of cutting-edge hardware, software (CUDA), and AI infrastructure. With leading-edge tech, a shortening innovation cycle, and robust cash flow, we believe Nvidia is well positioned to ride the accelerating wave of AI adoption.”
While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Hedge Fund Resource Center