On July 11, Seema Shah, the Chief Global Strategist at Principal Asset Management, appeared on CNBC to state that the US slowdown is modest and tariffs are priced in. A report from the IEA (International Energy Agency) concerning oil supply and demand indicated a global decrease in oil demand, with about half of this decline attributed to the US and China. This trend could imply an economic slowdown in the US and potentially foreshadow upcoming earnings season results. Shah called this an interesting idea and noted that a growing number of analysts have been expecting oil prices to remain fairly muted, and agreed that the drop in demand could indeed signal an economic slowdown globally, including in the US. However, Seema emphasized that any slowdown observed in the US so far has been too modest.
Shah also stated that with the market performing well and having recently experienced the “big, beautiful bill,” President Trump might feel empowered to proceed with tariffs at a slightly more elevated level than the market has been anticipating. However, she suggested that the market’s current reaction might reflect a belief that much of this is negotiation and that the ultimate level of tariffs will be lower than current figures. Shah acknowledged the potential for noise in the markets due to these tariffs but asserted that the market is rightly focusing on what is still a fairly constructive backdrop and awaiting the information from the upcoming earnings season.
That being said, we’re here with a list of the 1o best US stocks to buy according to Billionaires.
A financial adviser looking over a portfolio of securities and stocks.
Methodology
We began by screening US stocks with a market capitalization of over $2 billion from Insider Monkey’s database of billionaire holdings. We then ranked the top 10 stocks in ascending order based on the number of billionaire investors holding positions, as of Q4 2024. We’ve also added the hedge fund sentiment for each stock, which was sourced from Insider Monkey’s database, as of Q1 2025.
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. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Best US Stocks to Buy According to Billionaires
10. Philip Morris International Inc. (NYSE:PM)
Number of Hedge Fund Holders: 104
Dollar Value of Billionaire Holdings: $9.22 billion
Number of Billionaire Investors: 22
Philip Morris International Inc. (NYSE:PM) is one of the best US stocks to buy according to Billionaires. On July 3, Philip Morris International’s US business/PMI US, launched a national advertising campaign called “Invested in America” to highlight and reinforce its commitment to US manufacturing. The campaign officially began with full-page print advertisements, followed by a corresponding digital campaign.
This initiative aims to inform decision-makers, opinion leaders, and the American public about PMI US’s role in job growth, manufacturing revitalization, public health improvement, and community strengthening. The company has never sold cigarettes in the US and focuses on offering smoker adults aged 21 and older smoke-free choices.
The campaign is built upon 4 pillars. America’s Manufacturing Comeback emphasizes PMI US’s announced plans to invest over $800 million in new and expanded US manufacturing facilities for smoke-free products. Advancing Public Health details PMI’s mission to help the ~30 million legal-age adult smokers in America transition from combustible cigarettes to FDA-authorized smoke-free alternatives. Strengthening Communities highlights PMI’s investments in communities where its employees and adult consumers live and work. Purpose-Driven Performance showcases PMI’s global investment of over $14 billion in smoke-free innovation since 2008.
9. Mastercard Incorporated (NYSE:MA)
Number of Hedge Fund Holders: 155
Dollar Value of Billionaire Holdings: $7.43 billion
Number of Billionaire Investors: 22
Mastercard Incorporated (NYSE:MA) is one of the best US stocks to buy according to Billionaires. On July 15, PhotonPay announced the launch of its physical Mastercard Commercial Credit Card. The new offering expands PhotonPay’s global payment solution portfolio to provide businesses with a unified and secure payment experience across both online and offline channels worldwide.
This physical card addresses challenges faced by enterprises in global expansion, like fluctuating exchange rates and limited offline usability. As a Mastercard issuer in Hong Kong, PhotonPay has integrated its digital financial infrastructure with Mastercard’s extensive global payment network to deliver this commercial card solution.
The card directly links to PhotonPay’s multi-currency account system and is accepted by 150 million merchants in 210 countries and regions through Mastercard’s network. It also supports ATM cash withdrawals. PhotonPay enables enterprises to manage their cards efficiently by allowing them to issue, freeze, or cancel cards on demand.
Mastercard Incorporated (NYSE:MA) is a technology company that provides transaction processing and other payment-related products and services in the US and internationally.