10 Best US Stocks to Buy According to Billionaires

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1. Amazon.com Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 328

Dollar Value of Billionaire Holdings: $33.04 billion

Number of Billionaire Investors: 40

Amazon.com Inc. (NASDAQ:AMZN) is one of the best US stocks to buy according to Billionaires. On July 14, Pegasystems Inc. (NASDAQ:PEGA) announced a 5-year collaboration agreement/SCA with Amazon Web Services/AWS. This partnership helps clients use Pega products with advanced AWS GenAI services, specifically focusing on accelerating legacy modernization projects and enabling agentic automation across enterprise workflows.

The collaboration is designed to free businesses from time-consuming and resource-draining technical debt. A recent survey conducted by Pega and research firm Savanta highlighted the pervasive issue of technical debt, revealing that ~68% of IT decision-makers in global enterprises believe outdated legacy systems and applications are hindering their ability to adopt innovative technologies like AI and automation.

Under the agreement, Pega and AWS will combine AWS Transform, which uses agentic AI workflows to automate the entire modernization lifecycle, with Pega Blueprint. Pega Blueprint is a cloud-based application that uses AI agents to accelerate the design and development of Pega-powered workflow applications.

Amazon.com Inc. (NASDAQ:AMZN) engages in the retail sale of consumer products, advertising, and subscription services through online and physical stores in North America and internationally.

Pegasystems Inc. (NASDAQ:PEGA) develops, markets, licenses, hosts, and supports enterprise software.

While we acknowledge the potential of AMZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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