10 Best American AI Stocks to Buy Now

In this article, we take a look at the 10 Best American AI Stocks to Buy Now.

On Monday, Anthropic announced a partnership with Blackstone, Hellman & Friedman, and Goldman Sachs to establish an AI services firm that will work with companies to rapidly integrate Claude into their core operations.

The new firm is a standalone entity with Anthropic engineering and partnership resources embedded directly within its team. Additionally, the new company is backed by a consortium of leading alternative asset managers, including General Atlantic, Leonard Green, Apollo Global Management, GIC, and Sequoia Capital.

Anthropic Chief Financial Officer Krishna Rao said enterprise demand for Claude is significantly outpacing any single delivery model. He added:

“Our partnerships with the world’s leading systems integrators are central to how Claude reaches large enterprises. This new firm brings additional operating capability to the ecosystem and capital from leading alternative asset managers. We are proud to build it alongside Blackstone, Hellman & Friedman, Goldman Sachs, and our other partners.”

Blackstone noted that the new firm will help leading businesses deploy AI at the speed and scale that their competitive positions require. The company will serve as an accelerator in bringing AI solutions to mid-size companies, helping drive adoption among an initial customer base of both investment firms’ portfolio companies and independent companies that can benefit from the platform.

As we consider the potential of more businesses to adopt AI in their processes driven by this development, let’s take a look at the 10 Best American AI Stocks to Buy Now.

Our Methodology

To compile our list of the best American AI stocks to buy now, we relied on financial media, ETFs, and screeners to identify AI stocks with significant upside potential. We considered not only pure-play AI stocks but also companies that leverage AI to enhance their businesses. From this pool, we selected the 10 stocks most widely owned by hedge funds, based on Q4 2025 filings from Insider Monkey’s database. These names were then ranked by the number of hedge funds holding positions in them.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).

Note: All pricing data is as of market close on May 5, 2026.

10. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Potential Upside: 4.93%

Number of Hedge Fund Holders: 67

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the best American AI stocks to buy now. On Tuesday, CrowdStrike closed 1.55% higher at $476.53 as the company announced the expansion of its Project QuiltWorks, the cybersecurity coalition for securing frontier AI Risk.

In a statement, CrowdStrike announced the addition of more partners to the coalition, particularly Armadin, Cognizant, HCLTech, Infosys, KPMG, NTT DATA, Tata Consultancy Services (TCS), and Wipro Limited. Project Quiltworks, which is powered by frontier models from OpenAI and Anthropic, combines CrowdStrike’s AI-driven vulnerability discovery and adversary-informed prioritization with remediation services from Accenture, EY, IBM Cybersecurity Services, and Kroll.

CrowdStrike said it is advancing the project with the latest frontier AI capabilities from Anthropic as it integrates Opus 4.7 across the CrowdStrike Falcon platform, while extending its advanced vulnerability discovery capabilities to the broader market through QuiltWorks.

Additionally, CrowdStrike also announced Falcon OverWatch for Defender, which extends industry-leading managed threat hunting to Microsoft endpoint customers. According to CrowdStrike, the service strengthens security outcomes for Microsoft Defender with enhanced visibility, real-time detection and response, and continuous expert monitoring to identify and stop sophisticated threats that would otherwise go undetected.

On May 5, Wells Fargo analyst Michael Turrin maintained a Buy rating on CrowdStrike, with a price target of $525.00, according to a TipRanks report. Based on 56 analyst ratings compiled by CNN, 77% rated CrowdStrike Buy while 23% rated it Hold. The stock has a median price target of $500, a 4.93% upside from the current price of $476.53.

For its full fiscal year 2026, CrowdStrike reported a 22% rise in total revenue to $4.81 billion compared to $3.95 billion in fiscal 2025. Subscription revenue posted a 21% gain to $4.56 billion compared to $3.76 billion in the previous fiscal year.

The company also reported a 24% increase in annual recurring revenue (ARR) to $5.25 billion as of January 31, 2026, with $330.7 million in net new ARR added in the fourth quarter of fiscal year 2026.

Crowdstrike CFO Burt Podbere said the company delivered a record fourth quarter and fiscal year 2026, exceeding expectations across all guided metrics. He added:

“The combination of accelerating growth, expanding profitability, and record cash flow generation puts CrowdStrike in rare air. With exceptional momentum across the business and a record Q1 pipeline entering FY27, we have strong conviction to once again raise our FY27 ARR (Annual Recurring Revenue) outlook. The AI revolution represents a new, generational growth opportunity for CrowdStrike, and we are confident in our ability to deliver durable, profitable growth as we scale to our goal of $20 billion ending ARR in FY36.”

For the first quarter of fiscal 2027, CrowdStrike set an ARR guidance of $5.5018 billion to $5.5038 billion and a guidance of $6.4658 to $6.5164 billion for the full year.

CrowdStrike (NASDAQ:CRWD) is a global cybersecurity leader offering an advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity, and data.

9. Palantir Technologies Inc. (NASDAQ:PLTR)

Potential Upside: 47.16%

Number of Hedge Fund Holders:89

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best American AI stocks to buy now. On May 7, Citi increased its price target on the stock to $225 from $210 and maintained a Buy rating, according to a report by TheFly.

Citi made the upward price target adjustment following the company’s first-quarter earnings report. It emphasized that AI demand is accelerating the company’s U.S. business.

Meanwhile, Rosenblatt also maintained its Buy rating on Palantir, increasing its price target to $225 from $200. Similarly, Bank of America Securities also reiterated a Buy rating on Palantir, setting a $255.00 price target. According to 32 analyst ratings compiled by CNN, Palantir has an average price target of $200, a 47.16% increase from the current price of $135.91.

On Monday, Palantir reported an 85% jump in total revenue for the first quarter to $1.633 billion, with U.S. revenue surging 104% to $1.282 billion. U.S. government revenue accounted for the bulk of the U.S. revenue at $687 million, an 84% rise from the same period last year. Similarly, U.S. commercial revenue also posted a 133% gain at $595 million.

As a result of the first quarter figures, the company is raising its revenue guidance for this year, projecting it to reach between $7.650 billion and $7.662 billion. For the second quarter of the year, Palantir expects revenue to range from $1.797 billion to $1.801 billion.

Palantir Technologies Inc. (NASDAQ:PLTR) is a software company that builds digital infrastructure for data-driven operations and decision-making. Its products serve as the connective tissue between an organization’s data, its analytics capabilities, and operational execution.

8. Snowflake Inc. (NYSE:SNOW)

Potential Upside: 62.30%

Number of Hedge Fund Holders: 90

Snowflake Inc. (NYSE:SNOW) is one of the best American AI stocks to buy now. On May 5, software company o9 Solutions announced an integration with Snowflake, which leverages the latter’s Connected Application framework.

Through the collaboration, the o9 Digital Brain platform will be connected with the Snowflake AI Data Cloud, enabling joint customers to use governed data within planning models and across business functions.

Snowflake Senior Manager for Strategic Industry ISVs, Liana Shuma, said that building a connected application with o9 Solutions creates value for joint customers. She added:

“By embedding o9’s advanced planning and decisioning capabilities directly into the Snowflake AI Data Cloud, we’re enabling enterprises to move from insight to action faster—creating a continuous, closed-loop system on a single platform. In an environment defined by volatility and rapid change, this Connected Application gives enterprises the ability to shift from reactive planning to continuous, intelligence-driven decision-making at scale.”

Based on 51 analyst ratings compiled by CNN, Snowflake has a median price target of $230, a 62.30% upside from the current price of $141.71. On April 21, UBS Analyst Karl Keirstead lowered his price target on Snowflake shares to $210 from $235 while maintaining a Buy rating on the stock. The analyst pointed out the year-to-date decline in the company’s shares despite its projection of stable revenue growth of 20% to 30%. He attributed the stock’s weakness to investor concerns about the potential disruption from Anthropic and OpenAI in the data software market over time.

Snowflake Inc. (NYSE:SNOW) provides cloud data warehousing software to enterprise clients. The company’s AI Data Cloud platform allows clients to build, use, and share data, applications, and AI.

7. Arista Networks, Inc. (NYSE:ANET)

Potential Upside: 5.75%

Number of Head Fund Holders: 91

Arista Networks, Inc. (NYSE:ANET) is one of the best American AI stocks to buy now. According to a report by TheFly on May 6, Piper Sandler raised its price target on Arista Networks to $181 from $175 and maintained an Overweight rating on the stock, citing the company’s AI exposure.

Piper Sandler highlighted that Arista’s exposure to AI is driving its acceleration, noting that it is well-exposed for inference-based use-cases with hyperscalers, AI Titans, neo clouds, Edge Platforms, and large enterprises as its customers.

On May 5, Arista reported a 35.1% increase in total revenue for the first quarter of the year at $2.709 billion. Arista CFO Chantelle Breithaupt said the company is proud of its strong start to Fiscal 2026. She added:

“While the macro and supply chain environments remain dynamic, our results are a testament to our team’s disciplined execution. Delivering 35% revenue growth alongside $0.87 non-GAAP EPS demonstrates our ability to drive high-quality growth while maintaining a rigorous focus on the bottom line.”

In an earnings call, Breithaupt said the company is raising its 2026 fiscal year outlook to 27.7% revenue growth, resulting in approximately $11.5 billion in revenue. She added that the company is maintaining its 2026 campus revenue goal of $1.25 billion, and is raising its AI fabrics goal from $3.25 billion to $3.5 billion.

According to analyst ratings compiled by CNN, Arista has an average target price of $180, a 5.75% upside from the current price of $170.22.

Arista Networks, Inc. (NYSE:ANET) is an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus, and routing environments.

6. Intuit Inc. (NASDAQ:INTU)

Potential Upside: 48.12%

Number of Hedge Fund Holders: 91

Intuit Inc. (NASDAQ:INTU) is one of the best American AI stocks to buy now. According to a May 4 report by Investing.com, TD Cowen reiterated a Buy rating on Intuit and set a stock price target of $633, citing survey results that support revenue projections for the company’s TurboTax business.

Results from TD Cowen’s survey showed that 31% of respondents used TurboTax this year, compared with 17% for H&R Block, the next-highest-named vendor. The company forecasts 2% net customer growth for TurboTax, Intuit’s user-friendly tax preparation software that simplifies filing income tax returns. It offers users step-by-step guidance on how to file taxes. The software also allows users to automatically calculate taxes and electronically file them.

Aside from the software, the company also opened its TurboTax flagship store in SoHo, New York, in January, which combines the components of an agentic AI-driven consumer platform with human expertise to provide trusted, personalized guidance on tax filing matters.

Intuit earlier reported a 17% rise in total revenues to $4.7 billion in the second quarter of fiscal 2026, which ended January 31. The company expects revenues of $20.997 billion to $21.186 billion, growth of approximately 12% to 13% for its full fiscal year. According to 35 analyst ratings compiled by CNN, Intuit has a median price target of $590, a 48.12% upside from the current price of $398.32.

Intuit Inc. (NASDAQ:INTU) is a global financial technology platform. It has approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite.

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