From Yahoo Finance: 2025-05-02 15:15:00

The US economy contracted by 0.3% in the first quarter of 2025 due to tariff uncertainty, resulting in a 4.8% drop in net exports. The NASDAQ slipped 0.09% on May 1, closing at 17,446.34. Tom Lee discussed the market outlook amid tariffs, noting uncertainty for the next quarters. Steve Liesman added that the stock market reflects the President’s policies, with GDP forecasts dropping due to policy uncertainties. Despite volatility, Lee emphasized staying invested. NVIDIA Corporation (NVDA) is a leading AI technology company, expanding into quantum computing and demonstrating strong financial growth. NVDA ranks 5th on the list of best NASDAQ stocks to buy according to billionaires.

To select the 10 best NASDAQ stocks to buy, a list was curated based on market cap and billionaire investments. Hedge funds’ stock picks outperform the market, with a strategy returning 373.4% since 2014. NVIDIA Corporation (NVDA) is a key player in accelerated computing, dominating AI workloads and benefiting from growing demand for AI infrastructure. Despite potential growth, AI stocks may offer higher returns in a shorter timeframe. Check out the report for the cheapest AI stock poised for massive gains.



Read more at Yahoo Finance: Is NVIDIA (NVDA) the Best NASDAQ Stock to Buy According to Billionaires?