In this article, we will discuss the 12 Best Tech Stocks to Buy for the Next 5 Years.
On June 26, Melissa Brown, Managing Director of Investment Decision Research at SimCorp, joined BNN Bloomberg to discuss the outlook for the American markets and analyze the recent market sell-off. She suggested that this volatility was long expected following a period of exuberance, particularly within the AI-related tech sector. While earnings have been strong, she noted that high valuations and a growing differentiation between AI-related companies are now surfacing. Brown explained that the market is beginning to distinguish between companies that can maintain their earnings trajectory and those that may struggle with rising costs or infrastructure build-out hurdles, which could slow their earnings growth.
Addressing broader market trends, Brown pointed out that US markets have been underperforming compared to international peers such as Europe, Canada, and Australia, even when excluding the AI-driven outperformance seen in Korea and Taiwan. Regarding upcoming elections in the US, the UK, and Israel, she expects increased market volatility. She argued that because election outcomes remain uncertain, market participants will likely react to shifting expectations. She also noted that after a long period of calm, a rise in volatility is simply overdue.
Regarding earnings, Brown believes that it will be difficult for companies to replicate the surprisingly good performance of Q1. While earnings may remain solid, she contends that expectations are already so elevated that further surprising results will be hard to achieve, noting that it is this element of surprise that has largely propelled the market this year.
Our Methodology
We used screeners to identify tech stocks that are expected to grow their earnings by at least 30% over the next 5 years, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced on June 29.
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).
12 Best Tech Stocks to Buy for the Next 5 Years
12. Agora Inc. (NASDAQ:API)
Number of Hedge Fund Holders: 13
Agora Inc. (NASDAQ:API) is one of the best tech stocks to buy for the next 5 years. On May 26, Agora reported accelerating growth for Q1 2026, marking its sixth consecutive quarter of GAAP profitability. Total revenue reached $37.7 million, a 13.5% increase year-over-year, driven by strong adoption in sectors like live shopping and financial services. The company also expanded its conversational AI portfolio with the launch of Agent Studio, a no-code platform designed to help customers scale voice AI agents.
Financially, Agora saw net income rise to $1.1 million, up from $0.4 million in the same period last year, while maintaining a healthy cash position of $366.1 million. Although gross margin decreased to 63.4% due to the current product mix and sub-scale conversational AI offerings, the company reduced its operating expenses. The firm also continued its share repurchase program, buying back 3.1 million ADSs during the quarter.
Agora Inc. (NASDAQ:API) now remains focused on transitioning customers from pilot programs to full-scale production. The company projects total revenues for Q2 2026 to range between $39.0 million and $40.0 million. This guidance reflects sustained demand for their real-time engagement infrastructure and the ongoing integration of AI tools across their service ecosystem.
Agora Inc. (NASDAQ:API) operates a real-time engagement platform-as-a-service in the United States, the People’s Republic of China, and internationally.
11. Bullish (NYSE:BLSH)
Number of Hedge Fund Holders: 18
Bullish (NYSE:BLSH) is one of the best tech stocks to buy for the next 5 years. On June 29, Bullish secured Gibraltar Financial Services Commission approval to trade tokenized securities, becoming one of the first regulated platforms for issuer-sponsored digital assets. This move supports a vision of modernizing capital markets through 24/7 trading and near-instant settlement, replacing traditional, multi-day processing delays.
By using blockchain infrastructure, the platform aims to provide investors and issuers with greater transparency, streamlined corporate actions, and direct shareholder engagement. The framework ensures these efficiencies are achieved within a supervised environment, maintaining high standards for investor protection.
This approval is a key step in Bullish’s (NYSE:BLSH) strategy to offer an end-to-end ecosystem for tokenized securities. With its upcoming acquisition of transfer agent Equiniti, the platform will soon manage the entire lifecycle of an asset (from issuance and registry to secondary trading).
Bullish (NYSE:BLSH) is a global digital asset platform operating in the US. The company runs a digital assets spot and derivatives exchange, integrating automated market-making for deep liquidity. It also offers real-time market data, digital asset indices and analytics, news, analysis, and conference services.
10. Alpha & Omega Semiconductor Limited (NASDAQ:AOSL)
Number of Hedge Fund Holders: 20
Alpha & Omega Semiconductor Limited (NASDAQ:AOSL) is one of the best tech stocks to buy for the next 5 years. On May 18, Alpha & Omega Semiconductor/AOS introduced a new family of digital multiphase controllers designed to power Intel’s next-gen Panther Lake and Wildcat Lake mobile processors. By pairing these controllers with AOS’s Smart Power Stage technology, the solution achieves industry-leading low quiescent power, which can extend laptop battery life by up to an hour.
The hardware uses proprietary technology that combines digital flexibility with analog efficiency, enabling ultra-fast transient responses and better thermal management. These features allow for streamlined development, as engineers can program configurations directly into the controller, reducing both design complexity and the overall bill of materials.
This release directly addresses the challenge of balancing high-performance computing with mobile power constraints. By minimizing power waste in all operational states, the platform provides a more efficient power delivery solution for upcoming high-end notebooks and portable devices.
Alpha & Omega Semiconductor Limited (NASDAQ:AOSL) is a designer, developer, and global supplier of a range of discrete power devices, wide bandgap power devices, power management ICs, and modules.
9. Backblaze Inc. (NASDAQ:BLZE)
Number of Hedge Fund Holders: 22
Backblaze Inc. (NASDAQ:BLZE) is one of the best tech stocks to buy for the next 5 years. On June 23, Backblaze entered a $335 million, five-year agreement with CoreWeave (NASDAQ:CRWV) to provide multi-exabyte cloud storage for AI infrastructure. By integrating Backblaze’s cost-efficient HDD-based storage into CoreWeave’s AI Object Storage, the partnership allows data to be tiered more effectively, ensuring high-performance resources remain dedicated to demanding AI workloads.
This collaboration addresses the massive storage requirements of the AI lifecycle, including training, inference, and model outputs. CoreWeave’s existing customers will gain access to these expanded service tiers immediately and without requiring code changes, leveraging Backblaze’s expertise in managing large-scale, reliable storage infrastructure.
The agreement solidifies Backblaze Inc.’s (NASDAQ:BLZE) role as a key storage provider for the AI era and supports CoreWeave’s rapid expansion as an essential cloud platform for AI model developers and research organizations. Both companies aim to remove storage bottlenecks, ensuring that powerful compute resources are fully utilized to meet growing industrial and technical demands.
Backblaze Inc. (NASDAQ:BLZE) is a storage cloud platform that facilitates cloud storage and data backup for individuals and businesses. With an emphasis on high-performance, cost-effective storage, the company delivers its services through web-scale software infrastructure. It offers cloud storage services for public, hybrid, and multi-cloud data storage.
8. ASE Technology Holding Co. Ltd. (NYSE:ASX)
Number of Hedge Fund Holders: 23
ASE Technology Holding Co. Ltd. (NYSE:ASX) is one of the best tech stocks to buy for the next 5 years. On May 26, ASE announced the development of an industry-first automated 310mm x 310mm panel-level packaging production line, expected to enter production in early 2027. By transitioning from round wafers to larger rectangular panels, the process significantly increases usable surface area, enabling higher throughput and improved material efficiency for complex HPC and AI architectures.
This innovation supports the industry’s shift toward trillion-transistor system-in-package designs by allowing for greater integration density and more dies per unit. The platform is compatible with ASE’s existing FOCoS and FOCoS-Bridge technologies, ensuring design consistency while addressing the scaling limitations and manufacturing inefficiencies of traditional wafer-level processes.
Designed for AI accelerators, HPC, and edge computing, this scalable platform aims to reduce cycle times and manufacturing costs. By optimizing interconnects and packaging efficiency, ASE Technology Holding Co. Ltd. (NYSE:ASX) is positioning this technology to meet the accelerating demand for the next generation of powerful, chiplet-based hardware.
ASE Technology Holding Co. Ltd. (NYSE:ASX) is the world’s largest independent provider of semiconductor manufacturing services, specializing in outsourced assembly and testing/OSAT. The company packages silicon wafers into finished, protected microchips and offers full electronic manufacturing services, acting as a crucial supply chain partner for global tech and electronics brands.
7. Alkami Technology Inc. (NASDAQ:ALKT)
Number of Hedge Fund Holders: 27
Alkami Technology Inc. (NASDAQ:ALKT) is one of the best tech stocks to buy for the next 5 years. On May 27, Alkami announced that Citizens Bank, an East Tennessee community bank and existing Alkami customer, is expanding its partnership with Alkami by selecting MANTL to modernize its deposit account opening process. This integration will provide a unified digital journey for retail and business customers, enabling accounts to be opened in under five minutes online or ten minutes in-branch, while ensuring a consistent experience across the bank’s 14-office network.
The platform is designed to significantly improve operational efficiency by automating over 85% of application decisions, including critical KYC, AML, and BSA compliance checks. By streamlining these backend processes, the bank aims to reduce manual work and accelerate deposit growth while maintaining the high-touch service expected by its customers.
This collaboration builds on Citizens Bank’s existing use of the Alkami digital banking platform. By combining MANTL’s origination technology with Alkami Technology Inc.’s (NASDAQ:ALKT) service suite, the bank intends to create a more intuitive, accessible onboarding experience that empowers employees and strengthens long-term relationships with the individuals and businesses they serve.
Alkami Technology Inc. (NASDAQ:ALKT) provides a digital sales and service platform for community banks and credit unions to enable them to compete with the big banks. It enables clients to offer unified retail and business banking, digital account opening, and digital loan origination. It also helps with payment security, targeted marketing, and data analytics.
6. Appian Corporation (NASDAQ:APPN)
Number of Hedge Fund Holders: 28
Appian Corporation (NASDAQ:APPN) is one of the best tech stocks to buy for the next 5 years. On June 16, Appian and Deloitte announced an expansion of their global alliance to deliver AI-powered solutions designed to modernize the UK policing sector. The collaboration aims to replace fragmented legacy systems with a unified platform that integrates critical functions such as records management, investigations, and intelligence, helping forces transition toward data-driven operations.
The solution uses the Appian Platform to provide intelligent automation and centralized case management, which reduces administrative burdens and improves data quality. By embedding AI into core operational workflows, the initiative is designed to resolve persistent challenges like system interoperability and manual processing, ultimately accelerating investigations and improving intelligence sharing across regional forces.
This launch scales a decade-long partnership, combining Deloitte’s industry domain expertise with Appian Corporation’s (NASDAQ:APPN) enterprise-grade platform for automation and orchestration. By moving away from siloed point solutions to a flexible, unified model, the alliance seeks to help policing organizations achieve measurable productivity gains and operational efficiency in the face of rising digital and cross-border crime.
Appian Corporation (NASDAQ:APPN) provides business process management/BPM solutions, with its products including BPM software, mobile application development, case management, and platform-as-a-service.
While we acknowledge the potential of APPN 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 APPN and that has 100x upside potential, check out our report about the cheapest AI stock.
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