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.
8. Vistra Corp. (NYSE:VST)
Number of Hedge Fund Holders: 102
Dollar Value of Billionaire Holdings: $2.87 billion
Number of Billionaire Investors: 25
Vistra Corp. (NYSE:VST) is one of the best US stocks to buy according to Billionaires. On July 7, Vistra announced that the company received approval from the Nuclear Regulatory Commission/NRC to extend the operating license of its 1,268-megawatt Perry Nuclear Power Plant in Ohio through 2046.
This extends the plant’s operational lifespan by an additional 20 years beyond its original 40-year license, which commenced when it connected to the grid in 1986. Vistra had submitted its license renewal application to the NRC in 2023.
The approval makes Perry plant the last of its six nuclear reactors to receive a license extension. With this, all six of Vistra’s reactors are now licensed to operate for a total of 60 years. The plant currently employs ~600 full-time staff and over 200 permanent contractors, supporting hundreds of families in the region. Additionally, regularly scheduled refueling outages bring in 800 to 1,200 highly skilled technicians from across the country.
Vistra Corp. (NYSE:VST) is an integrated retail electricity and power generation company in the US.
7. Visa Inc. (NYSE:V)
Number of Hedge Fund Holders: 165
Dollar Value of Billionaire Holdings: $17.32 billion
Number of Billionaire Investors: 26
Visa Inc. (NYSE:V) is one of the best US stocks to buy according to Billionaires. On July 11, Weavr, which is a UK-based embedded finance company, announced a partnership with Visa. The collaboration aims to provide embedded Visa cards specifically for Human Resources/HR technology platforms. As an associate member of Visa, Weavr will enable SaaS businesses to integrate Visa-backed financial tools directly into their systems.
This alliance shifts embedded finance, moving beyond simple payments to enable comprehensive propositions and business models within sectors like HR tech. The partnership allows HR tech platforms to offer tailored employee benefits.
Weavr’s platform integrates multiple financial partners into a unified solution and offers extensive regional reach and diverse financial products through a single agreement and integration process. With Visa’s involvement, B2B SaaS platforms can now provide embedded features including the issuance of various payment cards, real-time budget monitoring, and expenditure management, all within their existing user experience.
6. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 158
Dollar Value of Billionaire Holdings: $14.46 billion
Number of Billionaire Investors: 26
Broadcom Inc. (NASDAQ:AVGO) is one of the best US stocks to buy according to Billionaires. On July 13, Broadcom reportedly canceled its plans to invest in a microchip plant in Spain, according to news agency Europa Press. The news comes after talks between Broadcom and the Spanish government broke down, although the specific reasons for the collapse were not immediately disclosed in the initial report.
Neither Spain’s Digital Transformation Ministry nor Broadcom has yet commented on the matter. Nonetheless, the withdrawal is a setback for Spain’s ambition to become a major player in Europe’s microchip industry. The Spanish government had previously committed to allocating ~$14 billion towards its Strategic Project for Economic Recovery and Transformation/PERTE Chip program to support the semiconductor and microchip industry using funds from the EU’s pandemic relief.
Broadcom initially announced its intention to invest in Spain 2 years prior, in mid-2023. While the company did not disclose the exact investment amount at the time, the Spanish government had indicated that the project could be worth ~$1 billion and involve the construction of large-scale back-end semiconductor facilities unique in Europe.
5. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 212
Dollar Value of Billionaire Holdings: $33.25 billion
Number of Billionaire Investors: 29
NVIDIA Corporation (NASDAQ:NVDA) is one of the best US stocks to buy according to Billionaires. On July 14, NVIDIA announced its intention to resume sales of its H20 AI chip to China. The reversal comes after NVIDIA CEO Jensen Huang met with President Donald Trump at the White House last week. Huang has consistently argued that restricting American technology sales to China could jeopardize the US’s leadership in AI and has also stated that previous restrictions led to billions of dollars in lost revenue for the company.
Following NVIDIA’s announcement, Advanced Micro Devices Inc. (NASDAQ:AMD) also stated on July 15 that it plans to restart sales of its MI308 AI chips to China. Both companies received assurances from the US government that license applications for these exports will be approved, allowing for deliveries to commence soon. The White House has not yet officially commented on these developments.
The resumption of AI chip sales to China is part of a broader trade agreement between the US and China. This deal involves lowering tariffs between the two countries and specifically includes China increasing rare earth shipments to the US. In exchange for these resources, the US agreed to lift export curbs on microchip designing software, ethane, and jet engines
4. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 164
Dollar Value of Billionaire Holdings: $22.42 billion
Number of Billionaire Investors: 33
Alphabet Inc. (NASDAQ:GOOGL) is one of the best US stocks to buy according to Billionaires. On July 14, the US Department of Defense/DoD announced that it has awarded contracts worth ~$200 million each to 4 leading AI firms: OpenAI, Alphabet’s Google, Anthropic, and Elon Musk’s xAI.
These contracts aim to accelerate the adoption of advanced AI capabilities within the DoD, specifically by enabling the development of agentic AI workflows to address national security challenges. Agentic AI refers to AI-driven systems that can operate autonomously and adapt to changing conditions.
The initiative is part of a broader push by US government agencies to expand their use of AI, spurred by a White House order in April this year promoting AI adoption. Furthermore, President Donald Trump has moved to ease AI regulation by revoking a 2023 Biden-era executive order that sought to mitigate AI risks through mandatory data disclosures.
3. Meta Platforms Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 273
Dollar Value of Billionaire Holdings: $32.46 billion
Number of Billionaire Investors: 36
Meta Platforms Inc. (NASDAQ:META) is one of the best US stocks to buy according to Billionaires. On July 14, Meta announced stricter measures to combat unoriginal content on Facebook. The initiative targets accounts that repeatedly reuse someone else’s text, photos, or videos without adding value or proper attribution.
The crackdown follows a similar policy clarification from YouTube regarding mass-produced and repetitive videos, which rose with the rise of AI that facilitates the creation of low-quality and repurposed media. Meta’s new policy aims to protect original creators, reduce spam, and curb fake engagement on the platform.
The company has already removed ~10 million profiles impersonating large content creators. Additionally, Meta has taken action against 500,000 accounts engaged in spammy behavior or fake engagement, by demoting their comments and reducing the distribution of their content to prevent monetization. These changes will be rolled out gradually over the coming months to give Facebook creators time to adapt.
Meta Platforms Inc. (NASDAQ:META) develops products that enable people to connect and share with friends and family through two segments: Family of Apps/FoA and Reality Labs/RL.
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 284
Dollar Value of Billionaire Holdings: $53.36 billion
Number of Billionaire Investors: 39
Microsoft Corporation (NASDAQ:MSFT) is one of the best US stocks to buy according to Billionaires. On July 14, CellTrust announced the availability of its SL2 for Intune solution in the Microsoft Azure Marketplace. This integration supports mobile communication security and compliance for enterprises, particularly those in regulated industries. CellTrust SL2 is a mobile platform designed to help organizations meet recordkeeping requirements by automatically capturing SMS, chat, and WhatsApp communications.
Its integration with Microsoft Intune enhances security and manageability features within the Azure cloud platform. This offers increased endpoint security, Enterprise App Management, and Endpoint Privilege Management. CellTrust SL2 for Intune was developed within Microsoft Azure and uses several Microsoft products, such as Microsoft Defender for Cloud, Microsoft Sentinel, and Microsoft Entra ID.
This integration brings mobile data capture for SMS/text, images, files, WhatsApp, and optional voice, all archived for retention and eDiscovery. It also provides a dedicated Mobile Business Number to separate personal and work data, supporting Bring Your Own Device/BYOD, Choose Your Own Device/CYOD, and Corporate-Owned, Personally-Enabled/COPE models while protecting employee privacy.
Microsoft Corporation (NASDAQ:MSFT) develops and supports software, services, devices, and solutions worldwide.
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.
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