NVIDIA vs. Under $100 Hedge Funds
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Business & Economics
Is NVIDIA Corp. (NASDAQ:NVDA) the Best Stock Under $100 to Buy According to Hedge Funds?
80% Informative
NVIDIA Corp. (NASDAQ: NVDA ) Share Price as of April 22 : $ 96.91 Number of Hedge Fund Holders: $11 billion in this quarter , which marked the fastest product ramp in the company’s history.
The company is positioned for a resurgence because the indexes have become highly concentrated and richly valued.
NVIDIA Corporation (NASDAQ: NVDA ) was the Fund’s top performing stock, delivering a stellar return of +177.7% over the year .
Since the beginning of last year , Nvidia 's Hopper ’ GPUs have been at the centre of exploding demand for chips powerful enough to facilitate the energy intensive requirements of AI processes within datacentres.
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