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5 Best Mid Cap Stocks to Invest In According to Billionaires

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In this article, we look at the 5 best mid cap stocks to invest in according to billionaies. If you want to see the full list and how we came up with the list, visit 10 Best Mid Cap Stocks to Invest In According to Billionaires.

5. NovaGold Resources Inc. (NYSE:NG)

Number of Billionaire Holdings: 12

Market Cap: $4.10 billion

NovaGold Resources Inc. (NYSE:NG) is one of the best mid cap stocks.

TheFly reported on April 8 that Morgan Stanley began coverage of NG, assigning an Overweight rating along with a price target of $13.80. The firm highlighted progress at the Donlin Gold project in Alaska, noting its high-grade profile and large scale as a key long-term growth driver. It also pointed to favorable market conditions for gold, supported by broader currency weakness, as a supportive backdrop for the asset’s development and valuation potential.

On April 1, NovaGold Resources Inc. (NYSE:NG) filed its first-quarter report for fiscal 2026 and provided an update on its Donlin Gold development project in Alaska. The company reported cash and term deposits of approximately $392.5 million as of February 28, 2026, alongside net operating cash expenditures of $20.8 million for the quarter, including funding for its share of project development and corporate expenses.

It also recorded a quarterly loss of $15.4 million, or $0.04 per share, reflecting increased spending tied to early feasibility work and ongoing administrative costs. During the period, NG advanced key development activities at Donlin Gold, including engineering partnerships and infrastructure planning, while continuing permitting and regulatory progress. The business also emphasized sustained engagement with local communities and stakeholders as part of its broader long-term project development strategy.

NovaGold Resources Inc. (NYSE:NG) is a precious metals company focused on the exploration and development of gold projects in North America. Its flagship asset is the Donlin Gold project in Alaska, one of the largest undeveloped gold resources globally, developed in partnership with Barrick Gold.

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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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