Top 10 AI Stocks Analysts Are Monitoring

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 223

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. One of the biggest analyst calls for March 3^rd was for Nvidia Corporation. Bank of America reiterated the stock as “Buy”, stating that the stock remains very attractive.

Despite the buy, Nvidia stock was falling on Monday, losing 4.5% as of noon ET. The drop comes amid the S&P 500 slipping 0.3% and the Nasdaq Composite losing 0.4%. Moreover, a news report published by The Wall Street Journal a day prior has revealed that despite strict US export restrictions, Nvidia’s latest chips are still making their way into China. According to the company, it would “investigate every report of possible diversion and take appropriate action.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $175 implies a 51% upside, however, the Street-high target of $236 implies an upside of 103%.