Reported 4 months 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