5 Best Growth Stocks to Buy and Hold in 2024

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In this piece, we will take a look at the five best growth stocks to buy and hold in 2024. If you want to learn more about growth stocks and how they’re doing these days, then check out 12 Best Growth Stocks to Buy and Hold in 2024.

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Q4 2023 Hedge Fund Shareholders: 173

NVIDIA Corporation (NASDAQ:NVDA) is the most valuable semiconductor company in the world. Its shares tanked by 10% in April 2024 after peer Super Micro failed to share preliminary earnings, as investors feared that the AI growth they’ve become used to is slowing down.

173 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database had bought and owned NVIDIA Corporation (NASDAQ:NVDA)’s shares. Rajiv Jain’s GQG Partners was the biggest investor through its $6.8 billion stake.

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