NVIDIA (NVDA) Rallied Following the Blowout Results

RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark Large Growth Fund” Q3 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets recorded strong gains in the third quarter, with the S&P 500 Total Return Index rising 8.12% and the Russell 1000 Growth Index returning 10.51%. The fund also surged in the quarter and returned 4.73%. Market leadership was narrow in the quarter, with a few mega-cap tech and consumer companies thriving on strong AI innovation. Information Technology, Consumer Discretionary, and Communication Services led sector performance, while Energy and Utilities lagged. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, RiverPark Large Growth Fund highlighted stocks such as NVIDIA Corporation (NASDAQ:NVDA). NVIDIA Corporation (NASDAQ:NVDA) offers graphics, compute, and networking solutions. The one-month return of NVIDIA Corporation (NASDAQ:NVDA) was 3.00%, and its shares gained 26.93% of their value over the last 52 weeks. On November 17, 2025, NVIDIA Corporation (NASDAQ:NVDA) stock closed at $186.60 per share, with a market capitalization of $4.551 trillion.

RiverPark Large Growth Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its third quarter 2025 investor letter:

"NVIDIA Corporation (NASDAQ:NVDA): NVDA shares advanced during the quarter after once again reporting blowout results that exceeded even elevated expectations. Quarterly revenue surged to roughly $47 billion, up nearly 50% year-over-year, with record data-center sales driven by broad adoption of the company’s AI accelerators. Gross margin expanded to over 70% as software and networking contributed a growing portion of profits. While supply constraints and export restrictions remain headline risks, investors rewarded NVDA’s clear technological leadership and the scale of demand for its products.

We view NVIDIA as the foundational supplier for global AI infrastructure. Its unrivaled GPU architecture, CUDA software ecosystem, and end-to-end platform approach create a powerful competitive moat. We expect the company to continue compounding earnings and free cash flow at high rates."

NVIDIA Corporation (NASDAQ:NVDA) is in 5th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 235 hedge fund portfolios held NVIDIA Corporation (NASDAQ:NVDA) at the end of the second quarter, up from 212 in the previous quarter. In the second quarter of fiscal 2026, NVIDIA Corporation (NASDAQ:NVDA) reported $46.7 billion in revenues, exceeding expectations. While we acknowledge the potential of NVIDIA Corporation (NASDAQ: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.

In another article, we covered NVIDIA Corporation (NASDAQ:NVDA) and shared the list of best aggressive growth stocks to buy. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.