In this article, we will take a look at the 5 Best Reddit Stocks to Buy According to Billionaires. For deeper discussion and analysis, read 10 Best Reddit Stocks to Buy According to Billionaires.
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5. Intel Corporation (NASDAQ:INTC)
Number of Billionaire Holders: 32
On May 26, Northland downgraded Intel Corporation (NASDAQ:INTC) to Market Perform from Outperform. It did not assign a price target, citing valuation concerns. The analyst said Intel is showing measurable progress in its turnaround efforts and expects estimates to move higher as demand for server CPUs improves. At the same time, the firm said it expects overall datacenter spending to decline in calendar year 2027 as hyperscalers become more constrained on cash.
Earlier, on May 18, Melius Research raised the firm’s price recommendation on INTC to $150 from $100. It reiterated a Buy rating on the shares. The analyst said that while “nothing really emerged as incrementally good from Trump going to China,” the firm feels “incrementally good” about memory and AI semiconductor companies. Melius raised long-term estimates and targets for several of its Buy-rated “bottleneck stocks,” including Micron, Sandisk, AMD, and Marvell, along with Hold-rated Qualcomm.
The firm also said it continues to believe semiconductor companies will gain market cap, or at least more upside, compared with traditional software companies and non-semis within the Mag 7 over the long term.
Intel Corporation (NASDAQ:INTC) designs and manufactures semiconductor products globally. Its business segments include Intel Products, Intel Foundry, and All Other. Intel Products includes the Client Computing Group (CCG) and the Data Center and AI (DCAI) segment.
4. Spotify Technology S.A. (NYSE:SPOT)
Number of Billionaire Holders: 33
On May 22, Raymond James raised its price recommendation on Spotify Technology S.A. (NYSE:SPOT) to $615 from $555. It reiterated an Outperform rating on the shares. The firm said Spotify’s Investor Day showcased a stronger-than-expected AI-driven product roadmap. According to the analyst, the company introduced new personalization and monetization features backed by its proprietary user data. Raymond James also pointed to Spotify’s AI framework tied to its agreement with Universal Music Group (UMGNF). The analyst added that Spotify’s mid-term financial targets appear achievable, with new premium offerings and engagement tools expected to support future growth.
Also on May 22, Rosenblatt raised its price goal on SPOT to $534 from $500. It kept a Neutral rating on the stock. The firm described the company’s investor day as “great.” Spotify announced an AI remix deal with Universal Music and an exclusive ticket sales agreement with Live Nation. Still, the analyst said those developments already appear “reasonably discounted” in the shares.
Spotify Technology S.A. (NYSE:SPOT) is a Luxembourg-based company that offers digital music-streaming services. The platform allows users to discover new music releases, including singles, albums, and playlists.
3. Tesla, Inc. (NASDAQ:TSLA)
Number of Billionaire Holders: 33
On May 20, Reuters reported that Tesla, Inc. (NASDAQ:TSLA) said on X that its Full Self-Driving (Supervised) driver assistance software was being rolled out in Lithuania. The country became the second in Europe to allow the system after approval was granted in the Netherlands last month.
Dutch regulator RDW is seeking approval across the European Union. At the same time, other member states can choose to recognize the Dutch certification and allow the system to operate locally. The Lithuanian Transport Safety Administration confirmed that Lithuania had recognized the Dutch approval.
Belgium was expected to become the next country to follow the Netherlands, as an authorization process had already started in the Flanders region. One Tesla vehicle is currently testing the FSD system on public roads there. Greece is also moving in the same direction. The country’s transport ministry said on Wednesday that it was preparing a bill that would grant a similar type of approval.
According to Reuters, Dutch RDW tested the system for more than one and a half years on both test tracks and public roads before giving its approval.
Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, sells, and leases fully electric vehicles and energy generation and storage systems. The company also provides related services through its automotive and energy generation and storage segments.
2. Apple Inc. (NASDAQ:AAPL)
Number of Billionaire Holders: 34
On May 26, BofA raised its price recommendation on Apple Inc. (NASDAQ:AAPL) to $380 from $330. It reiterated a Buy rating on the shares.
Analyst Wamsi Mohan said the shift toward AI agents focused on individual users could strengthen Apple’s position against other AI companies. According to the analyst, Apple holds a major advantage because of the amount of user data tied to its devices and ecosystem. He made the following remark:
“Apple’s agentic AI moat comes from Apple silicon & iOS. Silicon dictates how much inference can happen locally (matters for latency, privacy, reliability, and cost). OS determines whether AI can access user context, call apps, route requests, authenticate identity, request confirmation, & complete tasks in a trusted way.”
While some analysts have questioned Apple’s AI strategy and viewed the company as trailing several of its “Magnificent Seven” peers, Mohan argued that Apple has a significant opportunity with Siri in an AI-driven environment. He estimated Siri could generate incremental revenue of between $15 billion and $30 billion by fiscal 2030 under his base-case scenario. In a more bullish case, that figure could rise to between $40 billion and $65 billion. Mohan further wrote:
“In an agentic world, value accrues to the platform that controls user intent, personal context, app access, permissions, identity, authentication, payments, and trust. To win, Apple needs to evolve Siri into the orchestration layer of the iPhone.”
Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories. The company also offers a range of related services.
1. Micron Technology, Inc. (NASDAQ:MU)
Number of Billionaire Holders: 35
On May 27, Barclays analyst Tom O’Malley raised the firm’s price recommendation on Micron Technology, Inc. (NASDAQ:MU) to $1,175 from $675. He reiterated an Overweight rating on the shares. The firm said memory and storage remain the “most attractive vertical below accelerators” within the semiconductor sector. Barclays expects pricing upside to continue as the supply and demand imbalance is likely to persist through 2027. The analyst also said the biggest pricing opportunity in hard disk drives could emerge later this year as new contract pricing takes effect and product mix gradually shifts toward 40TB drives.
On May 26, UBS raised its price goal on MU to $1,625 from $535. It kept a Buy rating on the shares. The firm believes Micron could benefit from long-term memory supply agreements that may help lock in pricing and improve demand visibility across the industry. According to the analyst, these agreements, combined with AI-driven structural changes in the memory market, could support significantly stronger earnings and free cash flow through 2029. UBS also said those trends may improve the durability and stability of the broader memory market over time.
Micron Technology, Inc. (NASDAQ:MU) provides memory and storage solutions. The company offers a portfolio of DRAM, NAND, and NOR memory and storage products through its Micron and Crucial brands.
While we acknowledge the potential of MU to grow, 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 MU and that has 100x upside potential, check out our report about the cheapest AI stock.
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