NVIDIA (NVDA): The Best Debt-Free S&P 500 Stock to Buy Now

NVIDIA (NVDA): The Best Debt-Free S&P 500 Stock to Buy Now

By Jeff Lewis
Publication Date: 2026-05-31 08:25:00

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Debt-Free S&P 500 Stocks to Buy Now.

On May 27, 2026, NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang said the company plans to invest about $150B per year in Taiwan, Reuters’ Wen-Yee Lee reported. Huang described Taiwan as the “epicentre” of the AI revolution and a long-term global hub for technology manufacturing. Speaking at a launch celebration in Taipei for Nvidia’s planned Taiwan headquarters, Huang said Nvidia’s annual spending in Taiwan has risen from about $10B-$15B four or five years ago to $100B, with plans to reach $150B each year.

On the same day, Tigress Financial raised the firm’s price target on NVIDIA Corporation (NASDAQ:NVDA) to $425 from $360 and maintained a Strong Buy rating on the shares. Tigress said Nvidia remains “the core infrastructure engine of the AI factory era” and a “must-own core holding for the AI investment cycle.” The firm noted that its 12-month target price implies a potential total return, including dividends, of 98% from current levels.

NVIDIA (NVDA): The Best Debt-Free S&P 500 Stock to Buy Now

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.

On May 20, 2026, NVIDIA Corporation (NASDAQ:NVDA) reported Q1 adjusted EPS of $1.87, ahead of the consensus estimate of $1.77. Revenue totaled $81.6B, above…