Reported about 15 hours ago
NVIDIA Corporation (NVDA) has been recognized as one of the best stocks to buy, according to Jim Simons' Renaissance Technologies. Despite Simons' passing in 2024, his legacy as a leading quantitative investor continues to influence stock selections. NVDA, a leader in graphics processing and AI technology, holds a significant stake of $476.9 million in Renaissance's portfolio and has attracted 223 hedge fund holders. The stock's recent performance has been impacted by potential shifts in AI chip regulations, indicating a mixed outlook amidst broader market dynamics.
Source: YAHOO