By Keithen Drury
Publication Date: 2026-10-02 03:00:00
As October arrives, there are many AI stocks that look like they would be strong investment options. My pick isn’t anything groundbreaking or new; in fact, it’s the largest company in the world: Nvidia (NVDA +1.09%). Nvidia is my top AI stock pick in October, and it’s fairly simple why: It’s incredibly undervalued.
Nvidia has a reputation for being an expensive stock, but after you dig into it, you’ll see that’s just not the case. I think it’s by far the best AI stock to buy now, and it could be one of the best investments to make in the entire market.
Image source: Nvidia.
2027 will be another year of huge growth
Nvidia has been a top AI stock pick since the AI arms race kicked off — for a good reason. Its GPUs have been the top computing option available for nearly every application, and they are a universal computing unit that nearly every product is compared against. Even though competition is intensifying for which company has the best available option, Nvidia’s new Rubin generation of chips will make an even greater impact than prior iterations. These computing units are starting to become available and will provide more advanced capabilities than prior generations. Nvidia will also charge a higher price tag for them, so it has a built-in revenue escalator that’s launching shortly.
Today’s Change
(1.09%) $2.48
Current Price
$230.86
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