Is NVIDIA Corporation (NVDA) the Most Profitable NASDAQ Stock to Buy Right Now?

NVIDIA Corporation (NASDAQ:NVDA) is among the 12 Most Profitable NASDAQ Stocks to Buy Right Now. The company is in talks to invest up to $30 billion in OpenAI, according to a report from The Information on Wednesday.

It is already an important stakeholder in the ChatGPT maker with its chips powering the company’s AI models. According to the report, Microsoft has also held discussions about investing under $10 billion, while Amazon is considering a potential investment of over $20 billion.

According to Reuters, NVIDIA Corporation (NASDAQ:NVDA) did not immediately respond to requests for a comment on the report. In September 2025, the company announced plans to invest up to $100 billion in OpenAI and provide it with data center chips.

NVIDIA continues to be a popular stock among investors as well, with 234 hedge funds holding a stake in the company, according to Insider Monkey’s database for Q3 2025.

It is also a popular stock on analysts’ radar and carries a Strong Buy rating, with a one-year average share price target of $262.79, representing 38% upside as of January 30.

Recent ratings include Morgan Stanley reiterating an Overweight rating on the stock, with a $250 price target, on January 29. Earlier, on January 16, Jefferies raised its price target to $275 from $250 while maintaining a Buy rating on the shares.

NVIDIA Corporation (NASDAQ:NVDA) is a full-stack computing infrastructure company. It is the go-to company for firms looking for GPUs and semiconductors as they increase spending on artificial intelligence.

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.