10 Best Stocks to Buy According to David Greenspan’s Slate Path Capital

In this article, we will highlight the 10 Best Stocks to Buy According to David Greenspan’s Slate Path Capital.

Technology stocks emerged as the clear winner in the first half of the year, shrugging off heightened volatility driven by geopolitical tensions, monetary policy uncertainty, and inflationary pressures. Despite a sharp selloff in June, tech stocks enjoyed strong gains throughout the period, clocking a 21% gain, closely followed by Industrials at 19%.

The outperformance came amid heightened valuation concerns as markets rallied to record highs. While pressure has been building in global markets, Tom Hulick, CEO of Strategy Asset Managers, insists the markets are very fluid. “I don’t think we’re anywhere near some type of catastrophic failure in the markets. There’s too much liquidity out there, and the earnings momentum is very strong right now,” he said.

Likewise, artificial intelligence is expected to continue driving earnings growth and market momentum. Dan Ives of Wedbush also insists that any sell-off at current highs is likely to present an opportunity for investors.

“Taking a step back we continue to believe that in this market we will continue to go through a number of ‘gut check moments’ in the tech trade as the AI Revolution remains in the 3rd inning… this morning is just another one of those moments,” Ives said.

Slate Path Capital is one hedge fund that is betting big on technology stocks that have outperformed the market for three consecutive years. Founded in 2012 by David Greenspan, the hedge fund has significant exposure to technology stocks at 37.5%, with Industrials coming in second at 19.1%.

Significant exposure to technology and industrial stocks has been the catalyst behind David Greenspan’s Slate Path Capital achieving a 188% gain over the past three years, translating to a 42.3% annualized gain. In addition, the hedge fund has benefited from its significant exposure to digital assets, including Bitcoin, Ethereum, and other cryptocurrencies.

With that in mind, let’s take a look at some of the best stocks to buy according to David Greenspan’s Slate Path Capital.

Our Methodology

For this list of the 10 best stocks to buy according to David Greenspan’s Slate Path Capital, we began by scanning the hedge fund’s portfolio as of Q1 2026. From there, we selected the fund’s top stock picks by equity value, selecting holdings from the portfolio based on the availability of recent, material company developments. We also reviewed the overall hedge fund sentiment around these stocks using Insider Monkey’s Q1 2026 database. Finally, the stocks were ranked in ascending order based on the value of Slate Path Capital’s stake in each company.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).

Best Stocks to Buy According to David Greenspan’s Slate Path Capital

10. EQT Corp (NYSE:EQT)

Slate Path Capital’s Investment Stake: $247.3 Million

Number of Hedge Fund Holders: 82

Stock Upside Potential: 32.19%

EQT Corp (NYSE:EQT) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. The stock makes up 3.7% of its reported equity portfolio. Including David Greenspan’s Slate Path Capital, a total of 82 hedge funds have positions in EQT Corp stock.

On June 30, Freedom Broker initiated coverage of EQT Corp (NYSE:EQT) with a Buy rating and $79 price target. According to the brokerage, EQT Corp is the largest US natural gas producer, and so in this position, the company stands to benefit from improving natural gas market fundamentals.

Speaking of strengthening market fundamentals, natural gas demand is being driven by factors like high summer cooling needs amid heat waves, increased exports, and tight supplies. Also, AI data center buildout is lifting natural gas demand as operators set up on-site power plants to ensure electricity stability for their facilities.

Amid the favorable market conditions, EQT Corp delivered outstanding results in Q1 2026. It generated a record free cash flow of $1.83 billion in its first quarter and continued to strengthen its balance sheet as it inched closer to its target of cutting long-term debt to $5 billion.

Commenting on the results, EQT Corp CEO Toby Rice stated that the performance reflects the power of the company’s low-cost, integrated platform.

EQT Corp (NYSE:EQT) produces and supplies natural gas. It operates an integrated natural gas business, where it handles everything from natural gas exploration and extraction to gathering and transmission. The company owns and manages its pipeline system, which allows it to reduce reliance on third-party transport.

9. Unity Software Inc (NYSE:U)

Slate Path Capital’s Investment Stake: $249 Million

Number of Hedge Fund Holders: 67

Stock Upside Potential: 25.96%

Unity Software Inc (NYSE:U) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. The stock is backed by 67 hedge funds.

On June 29, Raymond James initiated coverage of Unity Software Inc (NYSE:U) stock with a Market Perform rating. The brokerage noted that Unity’s business is underpinned by several attractive characteristics.

As an example, Raymond James noted that Unity’s engine is deeply embedded across multiple game development platforms. According to the firm, this supports a long-term, subscription-led revenue base. The firm also pointed to the potential of Unity’s AI-driven advertising platform called Vector. It noted that the AI-driven ads platform positions the business for improved margin and competitiveness.

Moreover, Raymond James sees opportunities for Unity in areas like in-app commerce, cross-platform gaming, and industry subscription. It believes these areas provide additional growth options for the company.

Unity had a strong start to the year, with its strategic revenue growing 35% YoY. The company expects continued momentum in strategic revenue, forecasting growth of between 29% and 32% for Q2 2026.

Unity Software Inc (NYSE:U) operates a platform used to create videogames. The platform allows developers to create a game once and deploy it across multiple device platforms like mobile, PC, console, and web.

8. United Airlines Holdings Inc (NASDAQ:UAL)

Slate Path Capital’s Investment Stake: $286.6 Million

Number of Hedge Fund Holders: 68

Stock Upside Potential: 7.73%

United Airlines Holdings Inc (NASDAQ:UAL) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. During Q1 2026, Slate Path Capital increased its position in United Airlines stock by 65%. Some 68 hedge funds have confidence in United Airlines stock.

On June 23, UBS raised its price target on United Airlines Holdings Inc (NASDAQ:UAL) shares to $153 from $148 while keeping a Buy rating on the stock. The brokerage based its call on a strong earnings outlook for the company.

For Q2 2026, UBS expects the airline operator to post EPS of $1.91, compared to internal guidance of $1 to $2 and Street projection of $1.70. This estimate assumes 16.2% revenue growth, 12.8% revenue per available seat mile, and 7% cost per available seat mile before fuel costs.

For Q3 2026, the brokerage projects EPS of $4.21 for United Airlines against the Street consensus of $2.80. It expects the company’s revenue growth for Q3 to accelerate to 16.9% compared to 16.2% in Q2.

For full-year 2026, UBS projects EPS of $11.79 for United Airlines, compared to the Street consensus of $9.40 and the company’s internal guidance of $7 to $11.

United Airlines Holdings Inc (NASDAQ:UAL) is a global airline operator that provides passenger and cargo flights. It flies over 175 million passengers annually across six continents and to more than 350 destinations.

7. Qnity Electronics Inc (NYSE:Q)

Slate Path Capital’s Investment Stake: $287.3 Million

Number of Hedge Fund Holders: 58

Stock Upside Potential: 9.61%

Qnity Electronics Inc (NYSE:Q) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. Slate Path Capital increased its position in Qnity Electronics stock by 30% during Q1 2026. Qnity Electronics shares have surged more than 66% year-to-date, and the Street still sees upside potential. Some 58 hedge funds have positions in Qnity Electronics stock.

On June 24, Qnity Electronics Inc (NYSE:Q) said that its board approved a quarterly dividend of $0.08 per share. The dividend payment is set for September 15 to shareholders of record as of August 31.

The dividend plan follows a strong start to the year for Qnity Electronics, marked by solid increases in sales and profit. The company also raised its full-year 2026 outlook.

In Q1 2026, the company’s net sales rose 18% YoY to $1.3 billion and adjusted earnings jumped 33% to $226 million. Moreover, the company’s cash balance at the end of Q1 stood at $857 million, compared to $162 million a year ago.

Commenting on the results, Qnity CEO Jon Kemp noted that the company outperformed internal expectations. Kemp added that the results reflect the strength of the company’s integrated portfolio as well its ability to innovate to power AI systems.

Looking ahead, Qnity expects full-year 2026 net sales in the range of $5.23 billion to $5.38 billion. It anticipates adjusted EPS in the band of $3.80 – $4.14 and adjusted free cash flow in the range of $500 million to $600 million.

Delaware-based Qnity Electronics Inc (NYSE:Q) is a materials science company. It supplies chemicals and materials used in semiconductor chip manufacturing. It also provides materials used in advanced chip packaging.

6. Nokia Oyj (NYSE:NOK)

Slate Path Capital’s Investment Stake: $288.1 Million

Number of Hedge Fund Holders: 66

Stock Upside Potential: 21.08%

Nokia Oyj (NYSE:NOK) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. Slate Path Capital increased its stake in Nokia stock by 7% during Q1 2026, and so the stock accounts for 4.3% of the portfolio. Nokia shares have more than doubled over the past year, and analysts see the shares rising more over the next 12 months.

According to a June 30 press release, Nokia Oyj (NYSE:NOK) has inked a multi-year deal with SAP and Microsoft to modernize its ERP landscape. As part of this deal, Nokia will migrate its ERP portfolio to SAP S/4HANA landscape using the RISE with SAP methodology. The portfolio will be hosted on Microsoft’s Azure cloud platform.

With this ERP portfolio migration, Nokia stands to benefit from continuous access to innovation and embedded AI capabilities. The portfolio that Nokia is moving covers data, processes, applications, and operating models.

Since SAP will operate and manage Nokia’s ERP environment in the cloud, Nokia will be able to concentrate on business outcomes rather than infrastructure management.

Nokia Oyj (NYSE:NOK) provides hardware and software products used to build and operate network infrastructure. Its technology underpins wireless networks, fiber optic systems, and data center connectivity around the world. This Finnish company has emerged as a global leader in connectivity for the AI era.

5. Rocket Companies Inc (NYSE:RKT)

Slate Path Capital’s Investment Stake: $329.9 Million

Number of Hedge Fund Holders: 112

Stock Upside Potential: 20.63%

Rocket Companies Inc (NYSE:RKT) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. The stock makes up 4.9% of its reported equity portfolio. Rocket Companies’ stock is up more than 20% over the past month, and analysts expect it to go up more. Some 112 hedge funds have positions in RKT stock.

On June 30, Benchmark initiated coverage of Rocket Companies Inc (NYSE:RKT) stock with a Buy rating and a price target of $21 on the shares. The brokerage cited favorable mortgage rates and further noted that Rocket could become one of the two leading real estate portals over the next decade.

According to Benchmark, housing platforms that combine artificial intelligence, vertical integration, and the ability to convert intent into transactions will win the industry competition. If this is the case, the brokerage believes Rocket has a major advantage over traditional providers. Rocket has shown that it is open to partnerships across the industry in order to advance its goals and reduce its risks. Additionally, the company is seeking to expand its market share across purchase and refinancing segments.

Detroit-based Rocket Companies Inc (NYSE:RKT) provides a variety of digital services in the home-buying and refinancing sector. It operates a home search platform and provides home and personal loans. It also offers a personal finance app that helps users track spending and manage budgets.

4. Nucor Corp (NYSE:NUE)

Slate Path Capital’s Investment Stake: $345.2 Million

Number of Hedge Fund Holders: 59

Stock Upside Potential: 21.66%

Nucor Corp (NYSE:NUE) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. Slate Path Capital increased its position in Nucor Corp stock by 23% during Q1 2026, and the stock now makes up 5.1% of the portfolio. Some 59 hedge funds have positions in this American steel stock.

On June 17, Nucor Corp (NYSE:NUE) provided an update on its earnings expectations for Q2 2026. The steel producer is expecting to post GAAP EPS in the range of $4.70 to $4.80 and adjusted EPS in the band of $4.50 to $4.60. The company’s GAAP EPS was $2.60 in Q2 2025. Nucor expects its Q2 earnings to benefit from strong volumes and prices.

Nucor had a strong start to the year, delivering solid Q1 2026 results. It entered Q2 with a commitment to generate strong returns for shareholders. The company had returned $630 million to shareholders in the form of dividend payments and share repurchases since the year began through June 17.

Nucor Corp (NYSE:NUE) is a leading American producer of steel and steel products. The company operates facilities in the US, Canada, and Mexico, producing steel in the forms of bars, beams, sheets, and plates. It also manufactures fabricated steel products for the construction, energy, and automotive industries.

3. ON Semiconductor Corp (NASDAQ:ON)

Slate Path Capital’s Investment Stake: $482.9 Million

Number of Hedge Fund Holders: 58

Stock Upside Potential: 21.80%

ON Semiconductor Corp (NASDAQ:ON) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. The stock makes up 7.2% of the equity portfolio. ON Semiconductor stock is already up more than 60% year-to-date, and analysts see it rising more.

On June 29, Cantor Fitzgerald lifted its price target on ON Semiconductor Corp (NASDAQ:ON) shares to $110 from $100 while maintaining a Neutral rating on the stock. The brokerage noted that the AI infrastructure buildout is fueling demand for semiconductor components. It noted that industry revenue could hit $3 trillion by 2029 and expand to over $3.5 trillion by 2030.

Notably, Cantor Fitzgerald updated its call on ON Semiconductor on the back of the company’s deal to acquire Synaptics. ON Semiconductor, also known as Onsemi, expects the Synaptics deal to strengthen its AI business and expand its total addressable market by $30 billion to $243 billion by 2030.

The $7 billion all-stock Synaptics deal is expected to close in mid-2027 and bolster the company’s capability to meet the demand from customers seeking intelligent systems.

Arizona-based ON Semiconductor Corp (NASDAQ:ON) manufactures and supplies power and signal management semiconductor components that support a variety of applications. The company’s products are used in defense systems, industrial systems, medical devices, cars, and consumer products.

2. Texas Instruments Inc (NASDAQ:TXN)

Slate Path Capital’s Investment Stake: $518.4 Million

Number of Hedge Fund Holders: 71

Stock Upside Potential: 0.40%

Texas Instruments Inc (NASDAQ:TXN) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. Texas Instruments stock was a fresh addition to David Greenspan’s equity portfolio during the Q1 2026 period. This semiconductor stock makes up 7.7% of the billionaire’s Slate Path Capital hedge fund portfolio size. Some 71 hedge funds are backing Texas Instruments stock.

On June 29, Cantor Fitzgerald raised its price target on Texas Instruments Inc (NASDAQ:TXN) shares to $340 from $300 while keeping a Neutral rating on the stock. The brokerage views the AI infrastructure buildout as a generational semiconductor cycle, noting that it is expected to drive rapid industry revenue expansion.

According to the brokerage, semiconductor industry revenue could reach roughly $3 trillion by 2029 and exceed $3.5 trillion by 2030, courtesy of AI-driven demand.

In Q1 2026, Texas Instruments’ revenue rose 19% YoY to $4.8 billion, and EPS increased 31% to $1.68. The quarter was supported by strong demand from data center and industrial markets. The company is anticipating Q2 revenue in the band of $5 billion to $5.4 billion and EPS in the range of $1.77 and $2.05.

Texas Instruments Inc (NASDAQ:TXN) is a global semiconductor company. It focuses on developing analog and embedded processing chips. These chips are used in everything from cars and medical devices to industrial systems.

1. Hewlett Packard Enterprise Co (NYSE:HPE)

Slate Path Capital’s Investment Stake: $553.7 Million

Number of Hedge Fund Holders: 58

Stock Upside Potential: 50.15%

Hewlett Packard Enterprise Co (NYSE:HPE) is one of the best stocks to buy according to David Greenspan’s Slate Path Capital. HPE stock has gained more than 80% year-to-date and more than doubled over the past year. Analysts see more upside potential in the stock, projecting a 50% rise from the current level. Some 58 hedge funds are backing HPE stock.

Hewlett Packard Enterprise Co (NYSE:HPE) is expanding the market reach of its networking business following its acquisition of Juniper Networks. On June 30, HPE’s technology distributor, ScanSource, said that it was adding Juniper products to the portfolio of HPE networking solutions it distributes.

ScanSource has been helping HPE to get a wide variety of its products to the market. It is a foundational channel partner that has been distributing HPE Aruba networking products across the US for nearly two decades. ScanSource said it would distribute Juniper products through its Launch Point program, which provides marketing strategies and sales support.

HPE’s networking portfolio includes an AI-enabled platform for managing wireless, wireline, and software-defined networks.

Texas-based Hewlett Packard Enterprise Co (NYSE:HPE) is a global technology company that provides a broad array of enterprise-grade solutions. It provides IT infrastructure, cloud computing, AI deployment, storage, and networking solutions to businesses and governments.

Disclosure: None. Follow Insider Monkey on Google News.