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5 Best Growth Stocks To Buy According To George Soros

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In this article, we will look at the 5 best growth stocks to buy according to George Soros. If you want to read about George Soros’ investment philosophy and explore similar stocks, you can go to 12 Best Growth Stocks To Buy According To George Soros.

5. indie Semiconductor, Inc. (NASDAQ:INDI)

Soros Fund Management’s Stake Value: $66,532,000 

Percentage of Soros Fund Management’s 13F Portfolio: 1.13%

Number of Hedge Fund Holders: 18

indie Semiconductor, Inc. (NASDAQ:INDI) is a leading provider of automotive semiconductors and software solutions for advanced driver assistance systems, connected cars, user experience, and electrification applications. The stock is one of the top growth stocks on George Soros’ 13F portfolio. As of September 30, Soros Fund Management has a position worth $66.5 million in the company and the investment covers 1.13% of the fund’s 13F portfolio.

On November 10, indie Semiconductor, Inc. (NASDAQ:INDI) posted earnings for the third quarter of fiscal 2022 in which the company beat EPS estimates by $0.01. The company generated a revenue of $30.02 million, up 146.90% year over year and ahead of Wall Street consensus by $32,600. On November 22, Benchmark analyst Cody Acree maintained a Buy rating and his $17 price target on indie Semiconductor, Inc. (NASDAQ:INDI).

At the close of Q3 2022, indie Semiconductor, Inc. (NASDAQ:INDI) was a part of 18 investors’ portfolios that held collective stakes of $115.08 million in the company. This is compared to 15 positions in the previous quarter with stakes worth $65.3 million. The hedge fund sentiment for the stock is positive.

Here is what investment management company, Baron Funds, had to say about indie Semiconductor, Inc. (NASDAQ:INDI) in its third-quarter 2022 investor letter:

indie Semiconductor, Inc. (NASDAQ:INDI) is a fabless designer, developer, and marketer of automotive semiconductors for advanced driver assistance systems and connected car, user experience, and electrification applications. We elected to take a tax loss on our prior position and have been rebuilding on recent weakness. We believe that the automotive semiconductor vertical is attractive as silicon content in cars increases over time from improving safety features and autonomous driving, electrification, and premiumization of interior and exterior features. Indie is a small but rapidly growing player in the automotive semiconductor space and has a multi-billion dollar contracted backlog, providing strong visibility to its revenue ramp in the coming years. Since coming public, the company has beaten expectations every quarter and is on track to turn profitable in 2023 and achieve targeted 60% gross and 30% operating margins by 2025. Indie’s management team has previously built a semiconductor company from the ground up, achieving a successful exit, giving us high confidence in their ability to execute their strategic plan with indie as well.”

Follow Indie Semiconductor Inc. (NASDAQ:INDI)

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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