From Yahoo Finance: 2025-04-17 07:50:00

Fred Alger Management released its “Alger Spectra Fund” Q1 2025 investor letter, citing increased U.S. stock volatility due to policy changes. Class A shares underperformed the Russell 3000 Growth Index. NVIDIA Corporation (NASDAQ: NVDA) was highlighted as a top pick, with a one-month return of -11.09% and a market capitalization of $2.55 trillion.

NVIDIA Corporation (NASDAQ: NVDA) is a leading GPU supplier, facing challenges from advanced AI models from China and U.S. tariffs. Despite setbacks, NVIDIA reported strong Q4 results. Hedge funds favor NVDA, with 223 portfolios holding it in Q4. Alger Spectra Fund sees promise in AI stocks for higher returns.

As an AI stock, NVIDIA Corporation (NASDAQ: NVDA) ranks 5th among hedge funds, reporting record Q4 2025 revenues of $39.3 billion. While NVDA holds potential, AI stocks offer greater promise for quick returns. Check out the list of best NASDAQ stocks to buy in 2025 for more investment opportunities.



Read more at Yahoo Finance: Several Headwinds Impacted Nvidia Corporation’s (NVDA) Performance in Q1