J.W. Cole Advisors Boosts NVIDIA Corporation (NVDA) Stake by 73%

NVIDIA Corporation (NASDAQ:NVDA) is among the best stocks to buy now according to AI. J.W. Cole Advisors Inc. has increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 72.7% during the first quarter, according to the latest Form 13F filing with the Securities and Exchange Commission (SEC). Following the addition of 328,544 shares, the firm now owns 780,172 shares of the stock, valued at $84,555,000.

Analysts remain bullish on NVIDIA Corporation (NASDAQ:NVDA) due to three catalysts: networking growth, AI lab demand, and server shipment momentum. The statistics displayed by the company look as attractive as its dominance in the global semiconductor race. Having said that, the stock’s year-to-date return stands at an impressive 34.40% in contrast to the 9.66% return delivered by the S&P 500 (^GSPC).

There’s no doubt that the competition is intensifying, but what keeps the company’s position strong in the market is its AI-driven data center growth and dominant GPU ecosystem, driving revenue and profit acceleration.

NVIDIA Corporation (NASDAQ:NVDA) is a California-based computing infrastructure company that offers graphics and compute, and networking solutions. Founded in 1993, the giant serves a wide range of clients in the gaming, professional visualization, data center, and automotive industries.

While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.