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14 Tech Stocks to Sell Now According to Ken Fisher

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In this article, we will discuss the 14 Tech Stocks to Sell Now According to Ken Fisher.

On September 4, 2025, global markets were mostly higher as cooling U.S. labor data and dovish Federal Reserve comments pointed to a possible rate cut this month. As such, Wall Street indexes climbed alongside European equities, while Chinese bourses fell overnight as Beijing wanted to cool off the stock rally, particularly the tech sector, resulting in a 6% decline in the tech-heavy STAR 50 index, its steepest drop since April. While optimism exists in the broader market, cracks are showing in the fastest-growing tech companies. Salesforce tumbled nearly 5% after experiencing challenges in the monetization of its AI products. Similarly, Nvidia and other tech giants also failed to impress investors.

Amid this tech backdrop, it’s important to discuss Ken Fisher, son of growth-investing pioneer Philip Fisher, who is known for his emphasis on price-to-sales multiples as a measure of value. The investment strategist believes that sales are a much more reliable indicator of business strength than volatile earnings. Particularly, for the tech stocks, he treats spending on research like a commodity, preferring stocks with stronger fundamentals in relation to market cap.

With this background in mind, we will move to our list of the 14 Tech Stocks to Sell Now According to Ken Fisher.

Ken Fisher of Fisher Asset Management

Our Methodology

To curate our list of the 14 Tech Stocks to Sell Now According to Ken Fisher, we used Ken Fisher’s Fisher Asset Management portfolio for Q2 2025 to extract a list of technology stocks where he reduced his stake by at least 30% or more. Finally, we ranked these stocks in ascending order of the percentage of the stake sold. We also considered the hedge fund sentiment surrounding these stocks using Insider Monkey’s hedge fund database, which tracks over 1,000 hedge funds, as of Q2 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).

14. SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

Percentage of stake sold by Fisher Asset Management in Q2 2025: 43%

Fisher Asset Management’s Q2 Stake Value: $7,924,542

Number of Hedge Fund Holders: 43

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) is one of the 14 Tech Stocks to Sell Now According to Ken Fisher.

On September 2, 2025, SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) acquired Curo Fund Services, a South African fund administration leader, which manages over $170.4 billion in assets.

Under the deal, which is yet to be approved by the South African Competition Commission, around 300 Curo employees will join SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in Cape Town. The fund already leverages SSNC’s fund accounting and asset servicing technologies and will operate independently within SS&C’s Global Investor & Distribution Solutions group.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) expects this move to enhance innovation, service delivery, and growth across South Africa and the African continent, while ensuring continuity for Curo’s existing clients.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) serves over 22,000 organizations globally by providing software and services for the financial services and healthcare industries.

13. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Percentage of stake sold by Fisher Asset Management in Q2 2025: 44%

Fisher Asset Management’s Q2 Stake Value: $108,579,873

Number of Hedge Fund Holders: 113

Advanced Micro Devices, Inc. (NASDAQ:AMD) is included in our list of the 14 Tech Stocks to Sell Now According to Ken Fisher.

Bank of America reported on September 3, 2025, that Advanced Micro Devices, Inc. (NASDAQ:AMD), despite being an outperformer in the sector, has become the most under-owned U.S. semiconductor stock among active managers. Active ownership fell to 20% in August from 23% in May and 39% a year earlier.

Meanwhile, Advanced Micro Devices, Inc. (NASDAQ:AMD)’s relative weighting has gone down by 80% year-over-year compared to the S&P 500. This is in line with consensus forecasts, which project 22% sales growth and AMD’s continued gains over the Philadelphia Semiconductor Index. At the same time, the investment firm reiterated its ‘Buy’ rating on AMD, thanks to strong tailwinds from rising artificial intelligence adoption and the company’s sustained market share gains against Intel.

Advanced Micro Devices, Inc. (NASDAQ:AMD) focuses on designing and developing semiconductors, offering CPUs, GPUs, AI accelerators, and embedded solutions. It serves data centers, client computing, gaming, and specialized applications globally.

12. Salesforce, Inc. (NYSE:CRM)

Percentage of stake sold by Fisher Asset Management in Q2 2025: 48%

Fisher Asset Management’s Q2 Stake Value: $1,152,671,630

Number of Hedge Fund Holders: 121

Salesforce, Inc. (NYSE:CRM) is one of the 14 Tech Stocks to Sell Now According to Ken Fisher.

On August 29, 2025, Salesforce, Inc. (NYSE:CRM) Chair and CEO Marc Benioff sold shares worth $564,422 at prices ranging from $253.67 to $257.19. At the same time, Benioff exercised options to acquire 2,250 shares at $161.50, valued at $363,375.

However, Benioff remains highly invested in Salesforce, Inc. (NYSE:CRM), owning over 11.9 million shares and indirectly controlling over 10 million through the Marc Benioff Fund LLC and additional trust holdings. At the same time, the company continues to reinforce investor confidence in its long-term growth trajectory with robust fundamentals.

Salesforce, Inc. (NYSE:CRM) helps businesses globally to connect with customers, analyze data, and streamline operations across industries through its customer relationship management (CRM) and AI-powered enterprise software solutions. It is one of the stocks to sell.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

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Should I put my money in Artificial Intelligence?

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And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

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