5 Best Stocks to Buy According to Billionaire Ken Griffin

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1. NVIDIA Corp. (NASDAQ:NVDA)

Citadel’s Stake: $3.3 billion 

NVIDIA Corp. (NASDAQ:NVDA)’s shares haven’t seen much love from investors in 2026. Year-to-date, they are up by a modest 7.3%. DA Davidson discussed the firm on June 5th as it discussed NVIDIA Corp. (NASDAQ:NVDA)’s profit margins in the context of its competitive advantage. The financial firm believes that the chip company is in a comfortable position to sustain its profit margins as its products are in high demand from hyperscalers who are hard-pressed for alternatives. As part of another round of visits to Asia, NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang announced a multi-year deal with Korean memory manufacturer SK hynix to secure precious memory chips for AI GPUs.

NVIDIA Corp. (NASDAQ:NVDA) trades at a forward price-to-earnings multiple of 24.57, which is quite lower than the industry average of 37.29.

Baron Opportunity Fund discussed NVIDIA Corp. (NASDAQ:NVDA) in its Q4 2025 investor letter:

“At Baron, we are deep research, evidence-based investors. We are positive about AI because it is real. It is the most significant change to the global economy since the internet itself. Every digital interaction of today forward will have AI as the brains of the application. We have investments across all the layers of the AI stack and spanning industries. Our most successful investments to date have been in the infrastructure or compute layer. We were early investors in NVIDIA Corporation, over four years before the ChapGPT moment of November 2022, and it has been more than a 10-bagger for the Fund. Several of us spent a full day with founder and CEO Jensen Huang in the Fall of 2018, where he went to the white board to teach us about AI and why NVIDIA would win.”

While we acknowledge the potential of NVDA 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 NVDA and that has 100x upside potential, check out our report about the cheapest AI stock.

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