Is NVIDIA Corporation (NVDA) The Best American Tech Stock To Buy Now?

American stocks moved up a spot connected Monday, April 14 arsenic investors focused connected quality astir tech companies getting a interruption from President Trump’s tariffs. The S&P 500 roseate by 0.8%, the tech-heavy Nasdaq roseate by 0.6%, and the Dow Jones Industrial Average accrued by astir 0.7%.

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In caller days, President Trump and his advisers person fixed mixed signals connected the aboriginal of tariffs connected China and connected circumstantial industries. Over the weekend, large American tech companies scored a triumph erstwhile it was revealed that the US had not enactment tariffs connected smartphones, computers, and different user electronics.

However, connected Sunday, US Commerce Secretary Howard Lutnick stated that these electronics would soon beryllium covered nether caller tariffs, which would beryllium antithetic from those imposed connected circumstantial countries. President Trump besides posted connected societal media that determination would beryllium “no exception” for these products. He besides said that the authorities is looking astatine semiconductors and the full electronics proviso concatenation successful the upcoming National Security Tariff Investigations.

Last week was the champion week for the large indexes since astatine slightest 2023. However, with each this uncertainty, Wall Street is getting acceptable for different week of imaginable tariff-fueled ups and downs.

To compile our database of the 14 champion American tech stocks to bargain now, we utilized banal screeners from Finviz and Yahoo Finance to find the largest American exertion companies. We sorted our results based connected marketplace capitalization and picked the apical 30 American stocks. Next, we focused connected the 14 stocks astir favored by organization investors. Data for the hedge money sentiment surrounding each banal was taken from Insider Monkey’s Q4 2024 database of much than 1,000 elite hedge funds. Finally, the 14 champion American tech stocks to bargain present were ranked successful ascending bid based connected the fig of hedge funds holding stakes successful them arsenic of Q4 2024.

Why bash we attraction astir what hedge funds do? The crushed is simple: our probe has shown that we tin outperform the marketplace by imitating the apical banal picks of the champion hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks each 4th and has returned 373.4% since May 2014, beating its benchmark by 218 percent points (see much details here).