Top 10 Stocks to Buy and Hold Forever

2. Nvidia Corp. (NASDAQ:NVDA)

Returns CAGR 10 Years: 79.2%

Number of Hedge Fund Holders: 235

Nvidia Corp. (NASDAQ:NVDA) is one of the top stocks to buy and hold forever. NVIDIA dominates accelerated computing with its high-performance GPUs and the CUDA software platform that has become the industry standard. The integration of its chips, software, and developer community creates substantial switching costs and gives it an edge over the competition.

Confirming its positive investment case, on August 20, KeyBanc analyst John Vinh raised his price target on Nvidia Corp. (NASDAQ:NVDA) from $190 to $215 and reiterated an Overweight rating.

The analyst expects strong Q2 results and views Q3 guidance as likely conservative, as it may exclude China revenues due to pending license approvals. Key drivers include the ramp of Blackwell chips, the upcoming launch of Blackwell Ultra in Q3, and improving GB200 rack yields.

Nvidia Corp. (NASDAQ:NVDA) is scheduled to release its Q3 FY 2026 results on August 27.

NVIDIA Corp. (NASDAQ:NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip units (SoCs), and AI hardware and software.