Nvidia Corp (NVDA): Jensen Huang’s Visionary Leadership Drives Long-Term AI Growth Soumya Eswaran Tue, October 13, 2026 at 8:09 AM EDT 3 min read NVDA -1.29% ^GSPC -0.06% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Patient Capital Management, based in Baltimore, released its third-quarter 2026 investor letter for the "Patient Opportunity Equity Strategy". The letter can be downloaded here. The Opportunity Equity Strategy outperformed the S&P 500 in the latest quarter, gaining 4.32% compared to 2.30%, and is up 14.93% year-to-date versus the index's 12.75%. The market shows resilience, despite rate increases presenting risks and opportunities. The current market is seen as part of a long bull run, especially since March 2009, with the S&P compounding at 16.9% per year. The AI revolution adds complexity, and investor skepticism persists amidst rising valuations, yet strong corporate earnings suggest potential. The focus remains on understanding price expectations and evaluating risks, particularly around AI durability and supply-demand for computing capacity. The portfolio is concentrated in top 10 holdings, suggesting a disciplined approach towards valuation and risk management amidst market volatility. Also, check the strategy's top five holdings to see its best picks in 2026.
In its Q3 2026 investor letter, Patient Opportunity Equity Strategy highlighted NVIDIA Corporation (NASDAQ:NVDA) as a top contributor. NVIDIA Corporation (NASDAQ:NVDA) is a leading data center-scale AI infrastructure company operating through Compute & Networking and Graphics segments. On October 12, 2026, NVIDIA Corporation (NASDAQ:NVDA) closed at $226.32 per share. Over the past month, NVIDIA Corporation (NASDAQ:NVDA) returned 6.67%, while its shares are up 25.71% over the past year. NVIDIA Corporation (NASDAQ:NVDA) has a market capitalization of $5.45 trillion, and its stock has traded within a 52-week range of $164.27 to $243.37.
Patient Opportunity Equity Strategy Growth Fund stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q3 2026 investor letter:
"I discussed NVIDIA Corporation (NASDAQ:NVDA) ($230.48) earlier. We remain optimistic. Nvidia CEO Jensen Huang has been the top statesman and visionary during this boom. He's helped launch new customers and planted seeds for additional revenue streams. Unless one believes an earnings peak is imminent – and we don't – next year's < 15x earnings multiple is extraordinarily attractive."
NVIDIA Corporation (NASDAQ:NVDA) is in fourth position on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 285 hedge fund portfolios held NVIDIA Corporation (NASDAQ:NVDA) at the end of the second quarter, up from 275 in the previous quarter. While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
In another article, we discussed NVIDIA Corporation (NASDAQ:NVDA) and shared a list of best-performing stocks in 2026 as per the Claude AI Portfolio. In addition, please check out our hedge fund investor letters Q3 2026 page for more investor letters from hedge funds and other leading investors.
This article is originally published at Insider Monkey.
