5 Best Growth Stocks to Buy Today According to Billionaire Ken Fisher

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

Latest Price To Forward Earnings Ratio: 38.36

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a chip designer headquartered in Santa Clara, California. Its shares surged by more than 9% in December 2023 after the firm announced a slew of new A.I. products and shared that is the only one with an end to end A.I. product ecosystem.

During this year’s September quarter, 110 out of the 910 hedge funds profiled by Insider Monkey were Advanced Micro Devices, Inc. (NASDAQ:AMD)’s shareholders. Ken Fisher’s Fisher Asset Management was the biggest investor through its $2.8 billion investment.

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