In this article, we are going to look at the 5 Most Promising AI Stocks to Buy and Hold for the Next 2 Years. For a longer list and more details on how we picked these stocks, you can go to 10 Most Promising AI Stocks to Buy and Hold for the Next 2 Years.
5. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 262
Projected Long-Term EPS Growth (3-5 years CAGR): ~21%
Meta Platforms, Inc. (NASDAQ:META) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 19, Reuters, while citing Bloomberg News, highlighted that Meta Platforms, Inc. (NASDAQ:META) secured new agreements to get AI computing power from Crusoe (data center developer). This comes as the company focuses on strengthening the infrastructure needed to support the AI expansion. Notably, the tech giant will buy computing capacity at 2 data centers that are situated in Childress, Texas and Warrenton, Missouri.
Reuters, while citing the report, highlighted that Meta Platforms, Inc. (NASDAQ:META) is expected to get ~1.6 gigawatts of capacity combined throughout the 2 sites, with a single gigawatt sufficient enough to power ~750,000 US homes. Meta Platforms, Inc. (NASDAQ:META) continues to invest billions in AI data centers and computing power. This comes as demand has been surpassing the supply.
Reuters also noted that Meta Platforms, Inc. (NASDAQ:META) plans to invest $600 billion in U.S. infrastructure and jobs over the upcoming 3 years.
Meta Platforms, Inc. (NASDAQ:META) develops products that allow people to share and connect with their family and friends using PCs, mobile devices, virtual reality (VR) headsets, and AI glasses.
4. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 265
Projected Long-Term EPS Growth (3-5 years CAGR): ~16%
Alphabet Inc. (NASDAQ:GOOGL) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 18, WSJ reported that the tech giant targets an ambitious strategy to grab a bigger market share of the most critical market of the current time, i.e., chips powering AI. WSJ noted that Alphabet Inc. (NASDAQ:GOOGL) is supporting an AI data center project, called Lake Mariner, in western New York. This support comes with the financial guarantee of $3.2 billion.
Notably, the developers of the facility would be leasing computing power from thousands of Google TPUs to Anthropic. This paves the way for Alphabet Inc. (NASDAQ:GOOGL) to sell its own AI infrastructure beyond internal use.
In a different update, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) increased the size of its equity offerings to $84.75 billion. This comes as the big tech giants are expanding AI infrastructure and computing power.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers.
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 275
Projected Long-Term EPS Growth (3-5 years CAGR): ~45.1%
NVIDIA Corporation (NASDAQ:NVDA) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 22, the company announced that a record 35 NVIDIA AI HPC supercomputers are in development throughout Europe. They equip over 3 million researchers with next-generation infrastructure for continental AI, accelerated science, and industrial innovation. These are built on full-stack NVIDIA AI infrastructure, and the systems would be supporting research throughout climate science, healthcare, clean-energy decarbonization, quantum computing, as well as fundamental science.
NVIDIA Corporation (NASDAQ:NVDA) further highlighted that the NVIDIA Blackwell and NVIDIA Hopper™ platforms continue to power a significant portion of Europe’s AI factory buildout. Notably, 800 AI exaflops have been deployed or announced since last year. The researchers will be able to simulate more complex systems, train the scientific AI models, and build agentic AI workflows with the help of NVIDIA accelerated computing.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 282
Projected Long-Term EPS Growth (3-5 years CAGR): ~16.1%
Microsoft Corporation (NASDAQ:MSFT) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 22, it was announced that ICON plc selected Microsoft Corporation (NASDAQ:MSFT) as the preferred technology partner. This further advances ICON’s previously announced plan to make investments in digital innovation and AI over the upcoming 3 years. As a result of this partnership, there will be an enterprise-wide deployment of Microsoft 365 Copilot, together with an enterprise-grade cloud, data, and AI infrastructure. This will help further scale Orbis, which is ICON’s secure and governed agentic AI platform.
The partnership with Microsoft Corporation (NASDAQ:MSFT) directly aids the 3 key focus areas of ICON’s AI strategy, i.e., Intelligence Layer, Productivity, and Domain-specific agents. ICON’s deployment of Microsoft 365 Copilot throughout the organisation, along with Azure and Fabric, demonstrates a significant step and a strong commitment towards embedding AI at scale throughout the clinical trial lifecycle.
Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 353
Projected Long-Term EPS Growth (3-5 years CAGR): ~21.4%
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Most Promising AI Stocks to Buy and Hold for the Next 2 Years. On June 18, analyst Brian Pitz from BMO Capital reiterated a “Buy” rating on the company’s stock and has a price objective of $355.00. The analyst’s rating is backed by factors that are related to Amazon.com, Inc. (NASDAQ:AMZN)’s strengthening AI and cloud positioning.
The analyst sees AWS’ Bedrock and AgentCore as forming the comprehensive platform for building, securing, as well as deploying AI agents amidst increasing usage, which highlighted early but robust enterprise adoption trends. Furthermore, the AI-driven automation has been offering tangible productivity gains for customers, which demonstrates the commercial value of Amazon.com, Inc. (NASDAQ:AMZN)’s solutions.
As per the analyst, the company remains structurally well-placed, with enterprises in the initial stages of AI adoption. AWS is expected to remain a leader throughout critical layers of the generative AI and machine learning stack.
Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services (AWS) division runs one of the world’s largest data center networks.
While we acknowledge the potential of AMZN 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 AMZN and that has 100x upside potential, check out our report about the cheapest AI stock.
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