The U.S. market has surged over 29% in the past year as of April 27, and earnings are forecasted to grow by 16% in 2026. Let’s dig into the Best Long-Term Tech Stocks to Buy According to Hedge Funds.
The tech sector is on a record run, with growth of approximately 46% over the past year. Since the AI boom, tech profits have experienced spectacular returns. According to JPMorgan, since the launch of generative AI chatbots, mega-cap tech stocks have recorded double-digit profit growth, especially since early 2023. The earnings surprises have surpassed 10% in recent quarters, ahead of the market average returns of 7.5%. JPMorgan revised mega-cap tech earnings to 24.3% for 2026, while the remaining S&P 493 have been revised to 13.9%.
AI is already here, and hyperscalers are set to invest around $533 billion in Capex in 2026 as AI infrastructure remains the main focus. JPMorgan research indicates AI buildout could lead to $5 trillion over the next several years, with investors questioning whether this level of investment would generate notable returns.
The hyperscalers are at the junction of infrastructure and applications, with many tech companies already monetizing AI through higher cloud demand. However, JPMorgan Asset Management sees enough hurdles considering the huge investment cycle compared to potential returns. For a 10% return on current AI investments, it could require approximately $650 billion in annual revenue.
According to a report from BCG, 94% of companies plan to continue investing in AI even if it ends in low returns in the near-term. Christoph Schweizer, BCG’s CEO, said:
Despite economic uncertainty, this anticipated surge in spending reflects how much of a priority AI has become in the business world. AI is no longer confined to IT or innovation teams—it’s reshaping strategy and operations from the top down with CEOs taking a leading role. Nearly three-quarters of CEOs say they are now the main decision makers on AI, and half believe their jobs depend on it.
With that said, let’s take a look at the 8 Best Long-Term Tech Stocks to Buy According to Hedge Funds.
Our Methodology
To create the list of the 8 best long-term tech stocks to buy according to hedge funds, we looked at the tech firms with a TTM sales of more than 20% and a 5-year EPS growth rate of over 15%. Finally, we ranked these 8 stocks based on the number of hedge fund holders in each stock using the hedge fund data sourced from Insider Monkey’s database, as of Q4 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Note: All the data is as of market close on April 27, 2026.
8. Amphenol Corporation (NYSE:APH)
Number of Hedge Fund Holders: 103
Amphenol Corporation (NYSE:APH) is one of the best long-term tech stocks to buy according to hedge funds, with a five-year forward EPS growth rate of over 15%.
Amphenol has made its name among the AI infrastructure space as it has carved out a strong position as a major supplier of high-tech interconnects for AI data centers. In mid-2025, Amphenol completed the acquisition of CommScope’s Connectivity and Cable Solutions business, making a massive decision that later led to a record year in terms of results. Moreover, the company has drawn attention by becoming a primary supplier to NVIDIA, adding to the near-term enthusiasm.
However, in the long run, Amphenol needs to expand its conversion of AI data centers and high-speed connectivity leadership. Ahead of Q1 earnings, JPMorgan analyst Samik Chatterjee sees Amphenol’s infrastructure investment as a major driver for upside for AI-levered suppliers in the quarter. On April 16, Chatterjee increased the price target on APH from $185 to $190, maintaining an Overweight rating.
The analyst update comes ahead of Q1 earnings scheduled on April 29. Wall Street is expecting an adjusted earnings per share of $0.95, up from $0.63 a year ago. The revenue is projected to be around $7.09 billion, representing an upside of 47% year-over-year.
Amphenol Corporation (NYSE:APH) is an electric components company that deals in electrical, electronic, and fiber optic connectors through the Communications Solutions, Harsh Environment Solutions, and Interconnect & Sensor Systems segments.
7. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holders: 104
With a five-year forward EPS growth rate of almost 20%, Lam Research Corporation (NASDAQ:LRCX) makes it to the best long-term tech stocks to buy according to hedge funds.
Lam Research made notable developments during the Q3 FY2026, surpassing market expectations and keeping the ongoing AI-driven demand for semiconductor segment. The company posted $5.84 billion in total revenue, up 9% year-over-year, while adjusted earnings per share reached a record high of $1.47. Lam’s gross margin was around 49.8%, and its operating margins were at 35%. China continues to remain the largest market for Lam, contributing 34% to the revenue, with South Korea and Taiwan each putting in 23%.
On April 23, Oppenheimer analyst Edward Yang lifted the price target on Lam Research from $265 to $330, maintaining an Outperform rating. Lam’s bullish outlook on LRCX is based on beating the higher-end of market expectations driven by the Customer Support Business Group and China, and a standout outlook for Q4. The company projected fourth quarter revenue to be around $6.60 billion, with gross margins anticipated to grow to 50.5% and operating margins to around 36.5%.
Out of 36 analysts, 27 have a Buy rating on LRCX and 8 have a Hold rating. The stock has a median price target of $315, which highlights an upside of more than 21%.
Lam Research Corporation (NASDAQ:LRCX) supplies semiconductor manufacturing equipment and services globally.
6. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders: 111
Oracle Corporation (NYSE:ORCL) is one of the best long-term tech stocks to buy according to hedge funds. ORCL has an expected five-year forward EPS growth rate of almost 21%.
On April 25, Bloomberg reported that Oracle’s $16 billion financing package for a major data center in Michigan finally ended with months of negotiations. Bank of America took the lead, selling bonds worth $14 billion tied to the project. This development signals institutional demand for large-scale AI infrastructure debt, considering there is still space for AI infrastructural growth.
In another news on April 24, Daniel Ives from Wedbush initiated coverage on ORCL with an Outperform rating, setting the price target at $225. Ives has taken a bullish stance on Oracle’s long-term prospects as he believes that the firm is on course to become a foundational infrastructure provider for AI firms. The analyst pushed back against the market concerns regarding Oracle’s spending, pointing out that what seems like speculative risk is actually a disciplined, contract-backed investment cycle. Moreover, Oracle’s expertise in the cloud segment will be a key differentiator in managing AI workloads, added Ives.
Oracle Corporation (NYSE:ORCL) provides information technology-related products and services to enterprises through its main business segments: Cloud and License, Hardware, and Services. The company is based in Austin, Texas, and was founded in June 1977 by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates.
While we acknowledge the potential of ORCL 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 ORCL and that has 100x upside potential, check out our report about this cheapest AI stock.
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