In this article, we will discuss Billionaire Ken Fisher’s Top 12 High-Growth Stock Picks.
Growth stocks have outperformed value stocks by an average of 7.8% over the past year. Since March, the Morningstar US Growth Index has risen by over 20% compared to a 3.5% gain for value stocks. The outperformance has come amid lower interest rates and a boom in mega-cap technology companies.
The latest earnings season has also eased concerns that growth stocks would come under pressure on a potential AI bubble.
“AI isn’t a bubble that’s going to burst anytime soon – the underlying fundamentals are robust. The AI story has further to go, and investors should make the most of it while these opportunities still exist,” said chief equity strategist Michael Field
Increased spending by hyperscalers and other companies has reinforced confidence and the long-term outlook for growth stocks. Likewise, the recent pullback following the US-Iran war led to a significant decline in valuations, favoring growth stocks.
“We had valuations come down at the same time as earnings growth is still expanding,” said Patrick Ryan, chief investment strategist at Madison Investments. “It’s just kind of a perfect storm to get a pretty sizable snapback.”
Fisher Asset Management is one hedge fund well-positioned to capitalize on any upswing in growth stocks following the recent correction. Founded in 1979 by billionaire investor Ken Fisher, the hedge fund has a significant inclination toward large-cap technology and growth stocks, which account for 23% of the portfolio. The hedge fund boasts of an impressive 1-year return of 27% and a five-year return of 56%.
Our Methodology
To curate our list of Billionaire Ken Fisher’s 12 growth stock picks, we scanned Fisher Asset Management’s Q1 2026 13F filings, using Insider Monkey’s 13F database. We used the Finviz screener and growth ETFs to identify companies with strong earnings, revenue, or price momentum, focusing on those expected to grow EPS by at least 10% annually over the next five years. From that pool, we narrowed the list to firms with recent developments likely to influence investor sentiment. From there, we used the Q1 2026 Insider Monkey database to check the hedge funds sentiment around each stock. Finally, we ranked the stocks based on the value of Fisher Asset Management’s stake in them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
Billionaire Ken Fisher’s Top High-Growth Stock Picks
12. Micron Technology Inc (NASDAQ:MU)
Fisher Asset Management’s Stake:$7.9 Million
Number of Hedge Fund Holders: 154
EPS Growth Next 5 Years: 133.16%
Micron Technology Inc (NASDAQ:MU) is one of billionaire Ken Fisher’s top high growth stock picks. Micron has emerged as one of investors’ favorite semiconductor stocks amid the AI boom. The stock has surged more than 196% year-to-date and exploded 720% over the past year.
Micron Technology Inc (NASDAQ:MU) has been approved to supply HBM4 memory for Nvidia’s Vera Rubin platform. According to a Bloomberg report on June 5, Micron is already producing for the Nvidia platform as its launch nears. Micron joins Samsung and SK Hynix as HBM4 suppliers for the Vera Rubin platform.
The Vera Rubin platform is Nvidia’s next-generation AI accelerator, and it is set for deliveries in Q3 2026. The race is on to meet the platform’s advanced memory demand. The HBM4 memory that Micron has been selected to supply for the Nvidia platform is the most advanced high-bandwidth memory product and a crucial component of AI servers. It supports the high-bandwidth computing capacity needed to efficiently train and run AI models.
Demand for HBM4 memory has surged amid the rapid buildout of AI infrastructure. The Nvidia approval gives Micron a foothold in one of the AI market’s fastest-growing segments.
Micron Technology Inc (NASDAQ:MU) is an American semiconductor company focused on memory products. The company manufactures memory chips and data storage products used in consumer devices, cars, and AI data center facilities.
11. Tesla Inc (NASDAQ:TSLA)
Fisher Asset Management’s Stake: $12.9 Million
Number of Hedge Fund Holders: 123
EPS Growth Next 5 Years: 24.60%
Tesla Inc (NASDAQ:TSLA) is one of billionaire Ken Fisher’s top high growth stock picks. Tesla shares have gained roughly 27% over the past year.
On June 5, JPMorgan upgraded Tesla Inc (NASDAQ:TSLA) stock rating to Neutral from Underweight and raised the price target to $475 from $145. The brokerage cited Tesla’s push into new business lines that present future growth opportunities.
According to JPMorgan, businesses like autonomous driving, humanoid robots, software services, and AI chips could reshape Tesla’s earnings profile over the next decade. Additionally, the firm pointed out that Tesla’s level of vertical integration across hardware and software is unmatched, and that this aspect remains underappreciated.
JPMorgan estimates that Tesla’s EPS could surge to $7.50 by 2030, from roughly $1.95 in 2026. Moreover, the brokerage sees Tesla’s revenue more than doubling from $95 billion in 2025 to $203 billion in 2030. It expects the company’s newer businesses, like services, robotics, and autonomous driving, to contribute nearly half of the projected topline growth. Across Tesla’s various business lines, JPMorgan sees a $3.9 trillion addressable market opportunity for the company.
Elon Musk-led Tesla Inc (NASDAQ:TSLA) makes electric vehicles that run on batteries. Tesla has several vehicle models in its portfolio, including a pickup truck. While making and selling cars is its primary business line, Tesla also runs energy storage, autonomous ride-hailing, and robotics businesses.
