In this article, we will discuss: 5 Best Stocks to Buy According to Billionaire Jeffrey Talpins. For more stocks, you can head to 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins.
Jeffrey Talpins of Element Capital
5. Micron Technology Inc. (NASDAQ:MU)
Element Capital’s Stake: $9.8 million
Courtesy of the AI wave, Micron Technology Inc. (NASDAQ:MU) is one of the hottest stocks on the market. Its shares are up by 713% over the past year and by 209% year-to-date. The firm is one of three companies globally that are capable of manufacturing high-end memory chips that are used in AI GPUs. Micron Technology Inc. (NASDAQ:MU) diversified its market from technology to automotive on July 1st after it announced an agreement with General Motors to provide it with memory and storage products.
A couple of days earlier, on June 29th, the firm’s role in the global memory industry saw it facing a lawsuit. As memory prices have surged due to high demand from AI GPUs, Micron Technology Inc. (NASDAQ:MU) was hit with a lawsuit that accused it of tightening the market in order to raise memory prices. On June 24th, the firm reported its fiscal third quarter earnings, which saw its $41.46 billion in revenue and $25.11 in earnings per share beat analyst estimates of $35.84 billion and $20.78. Micron Technology Inc. (NASDAQ:MU)’s shares closed 15.7% higher on June 25th.
4. Alphabet Inc. (NASDAQ:GOOGL)
Element Capital’s Stake: $10.6 million
Technology giant Alphabet Inc. (NASDAQ:GOOGL)’s shares are up by 103% over the past year and by 14% year-to-date. The shares closed 9.9% higher on April 30th after the firm reported its first quarter earnings on the 29th. The results saw Alphabet Inc. (NASDAQ:GOOGL) post $109 billion in revenue and $2.62 in adjusted earnings per share to beat analyst estimates of $107 billion and $2.63. Crucially, Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud revenue of $20.03 billion also beat analyst estimates of $18.05 billion. Banking giant Morgan Stanley discussed the firm on June 30th. It reiterated an Overweight rating and raised the share price target to $415 from $375. As part of its coverage, the bank discussed Alphabet Inc. (NASDAQ:GOOGL)’s fundamentals and commented that they appeared to be improving to create a tactical buying opportunity.
Part of the optimism surrounding Alphabet Inc. (NASDAQ:GOOGL) is due to its AI products. On this front, a report from the Financial Times suggested on June 28th that the firm had restricted social media giant Meta’s access to its Gemini model due to high usage. Alphabet Inc. (NASDAQ:GOOGL)’s cloud backlog also doubled to more than $460 billion in the first quarter.
3. Meta Platforms Inc. (NASDAQ:META)
Element Capital’s Stake: $22.8 million
Social media giant Meta Platforms Inc. (NASDAQ:META)’s shares are among the weakest performers in its mega cap peers. They are down by 18.8% over the past year and by 10% year-to-date. Piper Sandler discussed the firm on June 25th as it reiterated an $800 share price target and an Overweight rating on the shares. The financial firm remarked that Meta Platforms Inc. (NASDAQ:META) might be able to benefit from the untapped potential of agentic artificial intelligence and business agents. Piper Sandler’s discussion focused on the social media and software firm’s Business Agent platform, which is an AI powered agent available on the firm’s social media and connectivity platforms.
On July 3rd, Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg made important remarks about agentic AI. The executive, according to recordings quoted by Reuters, remarked that the “trajectory of the agentic development over at least the last four months hasn’t really accelerated in the way that we expected.” Zuckberg also shared that the timing of Meta Platforms Inc. (NASDAQ:META)’s latest layoffs appeared to be suboptimal.
2. Wix.com Ltd. (NASDAQ:WIX)
Element Capital’s Stake: $29.9 million
Wix.com Ltd. (NASDAQ:WIX) is another AI stock that has struggled in today’s AI era. The shares are down by 69% over the past year and by 51% year-to-date. Banking giant JPMorgan discussed Wix.com Ltd. (NASDAQ:WIX)’s shares on June 18th. It cut the share price target to $62 from $86 and kept an Underweight rating on the shares. The coverage came as part of JPMorgan’s evaluation of the broader internet sector. Wix.com Ltd. (NASDAQ:WIX) also made key announcements related to artificial intelligence in June. The firm teamed up with Microsoft and OpenAI to provide its products in the two software companies’ product ecosystem.
Wix.com Ltd. (NASDAQ:WIX)’s deal with OpenAI is focused on agentics. It allows users to transform a business idea from the conceptual stage into a revenue generation platform. The partnership with Microsoft brings Wix.com Ltd. (NASDAQ:WIX)’s Wix application into the software giant’s Microsoft 365 Copilot platform to enable users to access Wix through the chat option.
1. T-Mobile US, Inc. (NASDAQ:TMUS)
Element Capital’s Stake: $56.9 million
Telecommunications giant T-Mobile US, Inc. (NASDAQ:TMUS)’s shares are down by 25.3% over the past year and by 11% year-to-date. The past couple of months have been nothing but eventful for the firm due to its partnership with SpaceX. Soon after SpaceX listd its shares for trading, word started to spread that the firm might have to acquire T-Mobile US, Inc. (NASDAQ:TMUS). One such report came from TD Cowen, with analyst Gregory Williams suggesting on June 25th that the carrier would be the first choice for SpaceX for an acquisition should the space networking firm decide to make such a move. The next day, on the 26th, a Reuters report suggested that SpaceX had told investors that it planned to launch a retail mobile service through Starlink. Between the 26th and 30th, T-Mobile US, Inc. (NASDAQ:TMUS)’s shares dropped by 8%.
Another report, from The Wall Street Journal, suggested that Deutsche Telecom might be interested in a merger with T-Mobile US, Inc. (NASDAQ:TMUS). Deutsche is already a majority shareholder in the telecommunications company.
Carillon Eagle Growth & Income Fund discussed T-Mobile US, Inc. (NASDAQ:TMUS) in its fourth quarter 2025 investor letter:
“T-Mobile US, Inc. (NASDAQ:TMUS) lagged amid uncertainty surrounding the strategic direction of one of its largest competitors. A new CEO at the competing company appears to have a more aggressive posture, which could pressure net subscription additions for T‑Mobile. However, in historical times of elevated switching behavior, T‑Mobile has tended to gain market share due to its well‑established value proposition.”
While we acknowledge the potential of TMUS 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 TMUS and that has 100x upside potential, check out our report about the cheapest AI stock.
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