There has been a lot of worry in the American tech world after the Trump administration announced on September 19 that employers will have to pay a new $100,000 fee for H-1B visas. These visas allow skilled foreign professionals to temporarily work in the US.
The news caused panic and since then, tech companies and experts have been trying to understand how this new plan will affect their workforces.
H-1B visas have been very important for the US tech workforce for many years. Experts believe this change could make it difficult for some tech companies, especially startups, to get the best foreign talent. They have also warned that this could cause top talent to move to other countries instead.
Exequiel Hernandez, an associate professor at the Wharton School of the University of Pennsylvania, said:
“The short of it is, it would be a disaster for America, for American companies, American competitiveness, American innovation.”
Big tech companies like Amazon.com, Inc. (AMZN), Microsoft Corporation (MSFT), Meta Platforms, Inc. (META), Apple Inc. (AAPL), and Alphabet Inc. (GOOGL) are among the top employers of H-1B visa holders.
Adam Kovacevich, CEO of the Chamber of Progress, a left-leaning tech industry trade association, said:
“You’re not going to find many startups who are going to be willing to pay $100,000 per H-1B, in addition to salary for that H-1B.”
Even the biggest tech firms, whose deep pockets come with advantages, are expected to feel at least some pain.
With this situation in mind, let’s take a look at the 15 best American tech stocks to buy right now.
Our Methodology
To compile our list of the 15 best American tech stocks to buy right now, we used stock screeners from Finviz and Yahoo Finance to find the largest American technology companies. We sorted our results based on market capitalization and picked the top 40 American stocks. Next, we focused on the 15 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q2 2025 database of 983 elite hedge funds. Finally, the 15 best American tech stocks to buy right now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q2 2025.
Why do we care about what hedge funds do? 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).
15 Best American Tech Stocks to Buy Right Now
15. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Fund Holders: 104
Adobe Inc. (NASDAQ:ADBE) is one of the best American stocks to buy right now in the tech industry. On September 11, Adobe Inc. (NASDAQ:ADBE) announced that its AI innovation adoption is accelerating as top enterprises embrace the company’s AI tools to transform the way they work.
Some of the biggest brands have been using Adobe Inc.’s (NASDAQ:ADBE) AI-powered offerings like Firefly and GenStudio to launch campaigns faster and reach new audiences. These AI-powered innovations allow enterprises to utilize generative AI and agents to streamline workflows and improve creative output.
As of September 11, 99% of Fortune 100 companies have used AI in an Adobe Inc. (NASDAQ:ADBE) app. Almost 90% of the top 50 enterprise clients have also started using at least one of the company’s AI products, such as GenStudio for Performance Marketing, Firefly Services, and Acrobat AI Assistant.
Adobe Inc. (NASDAQ:ADBE) reported that since the beginning of fiscal year 2023, more than 40% of the company’s top 50 enterprise accounts have doubled their annualized recurring revenue spending.
Adobe Inc. (NASDAQ:ADBE) is a global leader in digital media and digital marketing solutions. It provides creator tools and services to individuals, teams, and enterprises to create, publish, and promote content.
14. Intuit Inc. (NASDAQ:INTU)
Number of Hedge Fund Holders: 105
Intuit Inc. (NASDAQ:INTU) is one of the best American stocks to buy right now in the tech industry. On September 19, Stifel reiterated its Buy rating on Intuit Inc. (NASDAQ:INTU) with a price target of $800. This decision came after the company hosted its investor day.
During the presentation, Intuit Inc.’s (NASDAQ:INTU) executives shared the company’s AI+HI strategy, which combines artificial intelligence and human intelligence, and is expected to
create meaningful long-term acceleration. The company outlined its plans to attract larger, higher-spending customers with an aim to accelerate revenue growth to about 20% by 2030.
By 2030, Intuit Inc. (NASDAQ:INTU) expects to make around $37 billion in revenue and about $45 in earnings per share through sustained mid-teens revenue growth and improving margins.
Stifel also pointed out that about 70% of QuickBooks Online customers are still not aware of Intuit Inc.’s (NASDAQ:INTU) payroll and payment services. The investment firm is confident that the company will continue its “price-for-value” strategy through AI-driven solutions. The high-growth products are expected to become a bigger part of the company’s business mix.
Intuit Inc. (NASDAQ:INTU) is an American multinational financial technology and business software company that offers a range of products and services.
13. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holders: 106
ServiceNow, Inc. (NYSE:NOW) is one of the best American stocks to buy right now in the tech industry. On September 16, ServiceNow, Inc. (NYSE:NOW) announced it is expanding its presence in the city of West Palm Beach. This expansion aims to boost AI innovation, develop talent, and support economic growth in the region.
The company’s expansion plan includes a new regional innovation hub and an AI Institute. Over the next 5 years, this expansion is expected to create over 850 jobs and deliver an economic impact of $1.8 billion.
According to the report by ServiceNow, Inc. (NYSE:NOW), West Palm Beach is an emerging destination for innovation and talent. The city also offers a good business environment and is close to major customers and partners in the Southeast US.
ServiceNow, Inc.’s (NYSE:NOW) AI institute will have a dedicated space for a startup accelerator to help early-stage technology companies by offering mentorship, pilot projects, and connections. The institute will also be a part of a new Executive Briefing Center, where customers, partners, and leaders will come together to work on the future of enterprise AI.
The new location will support ServiceNow, Inc.’s (NYSE:NOW) growth in the Southeast with a strong focus on product innovation, enterprise AI development, workforce training, and customer collaboration.
ServiceNow, Inc. (NYSE:NOW) is an American software and technology company. It provides an AI platform that helps organizations digitize, automate, and manage workflows for enterprise operations.
12. AppLovin Corporation (NASDAQ:APP)
Number of Hedge Fund Holders: 109
AppLovin Corporation (NASDAQ:APP) is one of the best American stocks to buy right now in the tech industry. On September 23, Jefferies reaffirmed its Buy rating on AppLovin Corporation (NASDAQ:APP) with a price target of $760.
The research firm cited insights from a call with Alex Brown, the CEO of Tierra Agency. Jefferies pointed out that Tierra Agency expects its clients to spend between $3 million and $5 million monthly on AppLovin Corporation (NASDAQ:APP). This suggests strong advertiser adoption.
Jefferies noted that AppLovin Corporation’s (NASDAQ:APP) referral program is seeing significant demand. This program brings in leads from brands that spend about $200 million annually on paid media.
According to the firm’s analysis, the opportunity for lead generation advertisements could be about three times bigger than e-commerce for AppLovin Corporation (NASDAQ:APP). This suggests there is a lot of potential for growth in this segment.
Jefferies also pointed out that Tierra’s clients have not yet started advertising to international audiences through AppLovin Corporation (NASDAQ:APP). However, they plan to expand into international markets within the next 30 days. This could create additional revenue streams for the company.
AppLovin Corporation (NASDAQ:APP) is an American technology company that offers end-to-end software and AI solutions for businesses of all sizes to reach, monetize, and grow their audiences.
11. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 113
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the best American stocks to buy right now in the tech industry. On September 8, Forrest Norrod, the executive vice president and general manager of the Data Center Solutions Business Group at Advanced Micro Devices, Inc. (AMD), presented at the Goldman Sachs Communicopia + Technology Conference.
Norrod shared that Advanced Micro Devices, Inc. (NASDAQ:AMD) currently holds a 41% share of the server CPU market. He also pointed out that the company wants to grow in the GPU market and become a meaningful player by reaching a 20% market share. Following this, the company will be looking to grow its market share further over time.
Advanced Micro Devices, Inc. (NASDAQ:AMD) previously forecasted a $500 billion AI-accelerated total addressable market. Norrod believes this figure has gained more credibility today as AI adoption continues to accelerate.
He also expects the MI450 GPU series, which Advanced Micro Devices, Inc. (NASDAQ:AMD) plans to launch next year, to generate significant revenue. The company is preparing for seamless integration of the new series into customer infrastructures.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is an American multinational semiconductor company that specializes in graphics processing units (GPUs), microprocessors, and high-performance computing solutions. It serves various markets like gaming, data centers, and AI.
10. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 121
Salesforce, Inc. (NYSE:CRM) is one of the best American stocks to buy right now in the tech industry. On September 16, Salesforce, Inc. (NYSE:CRM) announced that it will invest $6 billion in its UK business by 2030.
The company has been working in the UK for 25 years. This new investment will help companies in the UK and Europe transform into what Salesforce, Inc. (NYSE:CRM) calls “Agentic Enterprises,” where people and AI agents will work together to drive customer success.
This new investment extends a previous 5-year investment of $4 billion made in 2023. In 2024, Salesforce, Inc. (NYSE:CRM) also chose London for its first AI center.
Salesforce, Inc.’s (NYSE:CRM) recent acquisitions of “Convergence.ai” and “Own Company” will enhance the AI center’s capabilities and allow Salesforce UK to become an AI hub for the whole region. New research and development teams will work in the UK to support AI product innovation for customers across Europe.
Salesforce, Inc. (NYSE:CRM) is a leading American cloud-based software company that specializes in customer relationship management (CRM) solutions. The company offers software, tools, services, and applications for sales, customer service, marketing, e-commerce, and analytics.
9. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders: 124
Oracle Corporation (NYSE:ORCL) is one of the best American stocks to buy right now in the tech industry. On September 22, Jefferies reaffirmed its Buy rating on Oracle Corporation (NYSE:ORCL) with a price target of $360.
This decision came after Oracle Corporation (NYSE:ORCL) announced that Clay Magouyrk and Mike Sicilia were promoted to co-CEOs. Safra Catz, who has served as the company’s CEO since 2014, was named Executive Vice Chair of the Board of Directors.
Jefferies sees these changes in leadership as a sign of Oracle Corporation’s (NYSE:ORCL) strength as it moves forward with its AI strategy.
The firm also highlighted Safra Catz’s strong performance when she was the sole CEO. Since September 2019, Oracle Corporation (NYSE:ORCL) has gained 468%, which compares to the S&P 500’s 121% rise during the same time.
Jefferies credited Catz with guiding the company successfully from the cloud era into the AI era while also helping accelerate growth in both sales and backlog.
However, the firm expressed caution about the co-CEO setup. Jefferies noted that Oracle Corporation (NYSE:ORCL) underperformed the S&P 500 during the first 5 years of Catz’s co-CEO time, with the stock price rising 35% only versus the S&P 500’s 49% gain.
Oracle Corporation (NYSE:ORCL) is an American multinational computer technology company specializing in database software, cloud infrastructure, and enterprise software solutions. The company offers one of the industry’s broadest and deepest suites of AI-powered cloud applications.
8. Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Holders: 152
Uber Technologies, Inc. (NYSE:UBER) is one of the best American stocks to buy right now in the tech industry. On September 8, Reuters reported that Uber Technologies, Inc. (NYSE:UBER) has announced plans with a Chinese self-driving tech company called Momenta to test level 4 autonomous vehicles in Germany next year.
According to the report, Uber Technologies, Inc. (NYSE:UBER) is looking to grow its robotaxi footprint as competition in this area rises. Level 4 autonomous vehicles can drive by themselves without human intervention in certain areas and under specific conditions.
Uber Technologies, Inc. (NYSE:UBER) has been trying to build a strong position in the robotaxi market by partnering with companies like Alphabet Inc.’s (GOOGL) Waymo, Lucid Group, Inc. (LCID), and WeRide Inc. (WRD).
In May 2025, Momenta and Uber Technologies, Inc. (NYSE:UBER) had announced their partnership to bring autonomous vehicles to markets outside the United States and China.
Uber Technologies, Inc. (NYSE:UBER) is a global transportation technology company that focuses on ride-hailing, courier services, food delivery, and freight transport.
7. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 156
Broadcom Inc. (NASDAQ:AVGO) is one of the best American stocks to buy right now in the tech industry. On September 12, Mizuho increased its price target for Broadcom Inc. (NASDAQ:AVGO) from $355 to $410 while keeping an Outperform rating. This decision came after the company reported strong results for its third quarter of fiscal year 2025.
Mizuho highlighted Broadcom Inc.’s (NASDAQ:AVGO) higher AI revenue outlook for fiscal 2026. The firm expects the company’s AI business to grow significantly through fiscal years 2026, 2027, and 2028, driven by its AI portfolio and ScaleUp and ScaleOut opportunities.
The investment firm projects that Broadcom Inc.’s (NASDAQ:AVGO) AI revenue will reach $39 billion in fiscal 2026, up from its previous forecast of $35 billion. The firm expects AI revenue to grow to $60 billion in fiscal 2027, up from the previous estimate of $45 billion, and to $75 billion in fiscal 2028.
Additionally, Mizuho also raised its overall revenue and earnings forecasts for Broadcom Inc. (NASDAQ:AVGO). For fiscal 2026, the firm expects revenue of $84.4 billion, up from the previous estimate of $79.6 billion, and EPS of $9.27, up from $8.68 before.
Looking ahead to fiscal 2027, Mizuho now projects revenue of $108 billion with an EPS of $12.13. For fiscal 2028, the firm forecasts $124 billion in revenue and an EPS of $14.05.
Broadcom Inc. (NASDAQ:AVGO) is an American multinational technology company that designs, develops, and supplies a variety of semiconductor, enterprise software, and security solutions.
6. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 156
Apple Inc. (NASDAQ:AAPL) is one of the best American stocks to buy right now in the tech industry. On September 19, Reuters reported that Apple Inc. (NASDAQ:AAPL) has asked at least two suppliers to increase production of the iPhone 17, its entry-level model, by at least 30% following strong pre-orders.
This update indicates that more customers are choosing the cheaper $799 iPhone 17 over the more expensive Pro models, which start at $1,099 and typically have better materials, cameras, processors, and displays.
Apple Inc. (NASDAQ:AAPL) told Luxshare Precision, one of its main iPhone assemblers in China, to raise the daily output of the standard iPhone 17 by approximately 40%, according to a report by the Information. This report cited people familiar with the matter.
The entry-level iPhone 17 has screen and camera improvements that were previously only available in the Pro models. This suggests that Apple Inc. (NASDAQ:AAPL) could be facing more price-sensitive demand than initially anticipated.
Apple Inc. (NASDAQ:AAPL) is an American multinational technology company focused on consumer electronics, software, and services. It is known for its products like the iPhone, iPad, and Mac computers.
5. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 219
Alphabet Inc. (NASDAQ:GOOGL) is one of the best American stocks to buy right now in the tech industry. On September 22, Baird increased its price target on Alphabet Inc. (NASDAQ:GOOGL) from $215 to $275 while keeping an Outperform rating.
Baird highlighted that Google continues to dominate in the search market, even though generative AI platforms are growing.
The research firm’s analysis suggests that Alphabet Inc.’s (NASDAQ:GOOGL) Google controls the majority of commercial search queries. AI search makes up only about 1% of total referral traffic and an “immaterial percentage” of conversions.
Baird pointed out that AI chatbots seem to be growing the total addressable market for search instead of taking customers away from Google’s business. This creates a positive outlook for Alphabet Inc.’s (NASDAQ:GOOGL) Google.
The research firm also noted that Google’s AI Overview (AIO) focuses more on informational queries rather than commercial intent. This can help reduce potential negative impacts on the company’s advertising revenue.
Alphabet Inc. (NASDAQ:GOOGL) is a global technology company and the parent company of Google. The company’s products include Search, Ads, Chrome, Cloud, YouTube, and Android.
4. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the best American stocks to buy right now in the tech industry. On September 22, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) is set to invest up to $100 billion in OpenAI.
The companies have signed a letter of intent to deploy at least 10 gigawatts of NVIDIA Corporation (NASDAQ:NVDA) systems for OpenAI’s next-generation AI infrastructure. Many analysts have shared their views about this partnership.
Matt Britzman, senior equity analyst at Hargreaves Lansdown, said:
“For Nvidia, the prize is huge — every gigawatt of AI data centre capacity is worth about $50 billion in revenue, meaning this project could be worth as much as $500 billion.
By locking in OpenAI as a strategic partner and co-optimizing hardware and software roadmaps, Nvidia is ensuring its GPUs remain the backbone of next-gen AI infrastructure.
The market is clearly big enough for multiple players, but this deal underscores that, when it comes to scale and ecosystem depth, Nvidia is still setting the pace — and raising the stakes for everyone else.”
Jacob Bourne, tech analyst at eMarketer, said:
“Demand for Nvidia GPUs is effectively baked into the development of frontier AI models, and deals like this should also ease concerns about lost sales in China.
It also throws cold water on the idea that rival chipmakers or in-house silicon from the Big Tech platforms are anywhere close to disrupting Nvidia’s lead.”
David Wagner, portfolio manager at Aptus Capital Advisors, said:
“Nvidia continues to double-down on AI as we always figured that CEO Jensen Huang would want to invest downward into AI factories – this announcement is much earlier than many would have expected.”
NVIDIA Corporation (NASDAQ:NVDA) is an American multinational technology company that makes graphics processing units (GPUs), AI hardware and software, and high-performance computing (HPC) solutions.
3. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 260
Microsoft Corporation (NASDAQ:MSFT) is one of the best American stocks to buy right now in the tech industry. On September 17, Meta Platforms, Inc. (NASDAQ:META) unveiled Oakley Meta Vanguard, a new line of Performance AI glasses designed for high-intensity sports, at its annual Connect event.
The glasses include an action-ready camera, integrations with fitness apps, and immersive audio to improve the workout experience. Oakley Meta Vanguard offers Oakley’s Three-Point Fit system. The glasses come with three replaceable nose pads, including options for a low-bridge and a high-bridge fit. According to the report by Microsoft Corporation (NASDAQ:MSFT), the glasses are designed to work well with cycling helmets and hats.
Microsoft Corporation (NASDAQ:MSFT) also said that these glasses are highly water- and dust-resistant, with an IP67 rating. Oakley Meta Vanguard’s wraparound design utilizes Oakley PRIZM Lens technology, which helps block sunlight, wind, and dust.
The glasses will also allow users to ask Meta AI about their pace or get real-time updates on their workout states without using hands or a screen.
Meta Platforms, Inc. (NASDAQ:META) is an American multinational technology company that is known for its social media platforms and communication services, including Facebook, Instagram, Threads, Messenger, and WhatsApp.
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 294
Microsoft Corporation (NASDAQ:MSFT) is one of the best American stocks to buy right now in the tech industry. On September 15, Truist Securities reaffirmed its Buy rating on Microsoft Corporation (NASDAQ:MSFT) with a $675 price target.
This decision came after Microsoft Corporation (NASDAQ:MSFT) signed a non-binding deal with OpenAI for new relationship terms that allow OpenAI to restructure itself into a for-profit company.
The research firm pointed out that Microsoft Corporation (NASDAQ:MSFT) and OpenAI have agreed to redefine their partnership, which addresses some investor concerns about the nature of the relationship between the two companies.
Truist Securities suggested that although the joint statement from the two companies was brief, the new memorandum of understanding might help bring some near-term stability to how investors see their partnership.
The firm expects more details to come out in the coming weeks as the terms of the agreement are finalized.
Microsoft Corporation (NASDAQ:MSFT) is an American technology company that develops and markets software, services, and hardware. The company also specializes in AI-powered cloud, productivity, and business solutions.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 335
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best American stocks to buy right now in the tech industry. On September 18, JMP Securities reaffirmed its Market Outperform rating for Amazon.com, Inc. (NASDAQ:AMZN) with a price target of $285.
This decision came after insights from an Amazon Video fireside chat, which showed that over 200 million Prime members stream Prime Video around the world. In the US alone, more than 80 million users are logged in to the streaming service.
JMP Securities pointed out that 80% of Prime Video users shop with Amazon.com, Inc. (NASDAQ:AMZN) at least once a month. This shows a strong link between the streaming service and the company’s core e-commerce business.
The research firm characterized the discussion as having “lots of softball questions” but noted it shared important numbers about Amazon.com, Inc.’s (NASDAQ:AMZN) streaming service.
Amazon.com Inc. (NASDAQ:AMZN) is an American technology company that specializes in e-commerce, cloud computing, digital streaming, and artificial intelligence solutions.
While we acknowledge the potential of AMZN as an investment, 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 a 100x upside potential, check out our report about this cheapest AI stock.
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