In this article, we will list the Billionaire Ken Fisher’s Top 5 High-Growth Stock Picks. Please visit Billionaire Ken Fisher’s Top 12 High-Growth Stock Picks if you would like to see the extended list and the methodology behind it.
5. Eli Lilly and Co (NYSE:LLY)
Fisher Asset Management’s Stake: $4.5 Billion
Number of Hedge Fund Holders: 132
EPS Growth Next 5 Years: 28.51%
Eli Lilly and Co (NYSE:LLY) is one of billionaire Ken Fisher’s top high growth stock picks. In the past month, Lilly shares have gained more than 18%. The shares have soared almost 50% over the past year.
On June 6, Eli Lilly and Co (NYSE:LLY) presented results from late-stage trials of its weight-loss drug candidate, retatrutide. In one trial, retatrutide was assessed in patients with obesity. In another trial, retatrutide was tested in patients with treatment-naive type 2 diabetes.
Ken Fisher of Fisher Asset Management
The results showed that participants taking the lower 4 mg dose of retatrutide achieved a roughly 19% weight loss. That was comparable to the highest dose of Zepbound, the company’s current blockbuster obesity therapy. Those taking the 12 mg dose shed around 70 pounds over an 80-week period. Moreover, one-third of those taking the 12 mg dose had their weight falling to a healthy range.
The results also showed that retatrutide was effective in relieving type 2 diabetes. Moreover, the drug’s tolerability was broadly in line with the current blockbuster. With its next-gen obesity drug candidate, retatrutide, Lilly looks to extend its lead in the lucrative weight-loss market.
Eli Lilly and Co (NYSE:LLY) is an American global pharmaceutical company based in Indiana. It develops, manufactures, and sells medicines for various diseases, including diabetes, obesity, cancer, and immunology. Lilly products are sold in more than 120 countries.
4. Walmart Inc (NASDAQ:WMT)
Fisher Asset Management’s Stake: $5.1 Billion
Number of Hedge Fund Holders: 99
EPS Growth Next 5 Years: 11.51%
Walmart Inc (NASDAQ:WMT) is one of billionaire Ken Fisher’s top high growth stock picks. Walmart shares are up around 22% over the past year, and analysts see more upside potential in the stock.
On June 4, Walmart Inc (NASDAQ:WMT) announced that customers can now order Subway meals directly through its app or website for express delivery. The retail giant has launched this service across six states initially, with more to come. Walmart aims to expand the Subway meal delivery service to around 1,400 locations by the end of summer.
According to Walmart, Subway meals can be delivered separately or alongside groceries and household essentials. Meal prices match in-restaurant menus, and orders are delivered in 30 minutes or less.
Subway is Walmart’s largest in-store restaurant tenant, and the retailer said adding Subway meals to its express delivery service is a great starting point. The ultimate goal is to ensure that every in-store tenant can deliver orders expressly. In an increasingly competitive market, the retailer has figured out that customers want a convenient ordering experience and fast delivery. Walmart has begun using drones to speed up its deliveries.
Walmart Inc (NASDAQ:WMT) is a multinational retail chain. It operates hypermarkets, department stores, grocery stores, and pharmacies. Its Sam’s Club division operates membership-only retail stores. Walmart has footprints across nearly two dozen countries.
3. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Fisher Asset Management’s Stake: $6.3 Billion
Number of Hedge Fund Holders: 234
EPS Growth Next 5 Years: 32.02%
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of billionaire Ken Fisher’s top high growth stock picks. TSM shares have gained more than 40% over the past six months and more than doubled over the past year.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), also known as TSMC, is working hard to meet the AI-driven demand for semiconductor chips, according to the company’s CEO C.C. Wei. Speaking at the company’s annual shareholder meeting on June 4, Wei noted that demand is so high, and that TSMC does not want to become the bottleneck in the AI supply chain.
The company is expanding its production capacity, with plans to build new factories in the US. It looks to invest $165 billion in the US production project. But Wei said it would take time before TSMC can meet customers’ needs for US-based production.
As it expands production, TSMC has identified robots and autonomous vehicles as long-term growth drivers. According to the CEO Wei, TSMC will work hard to ensure that robots succeed. TSMC may raise prices for customers as component costs continue to rise.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest chip foundry. It manufactures a wide variety of semiconductor chips on a contract basis for customers like Apple, Qualcomm, Nvidia, and AMD.
2. Amazon.com Inc (NASDAQ:AMZN)
Fisher Asset Management’s Stake: $7.1 Billion
Number of Hedge Fund Holders: 353
EPS Growth Next 5 Years: 21.61%
Amazon.com Inc (NASDAQ:AMZN) is one of billionaire Ken Fisher’s top high growth stock picks. Analysts see Amazon shares gaining at least 30% over the next 12 months.
On June 7, UBS reaffirmed its Buy rating on Amazon.com Inc (NASDAQ:AMZN) stock. For this call, the firm cited Amazon’s growing cloud business amid AI-driven demand for computing capacity.
UBS said Amazon’s cloud revenue sales increased 28% year-over-year to $37.6 billion in Q1 2026. It noted that this growth represents an 11-point acceleration over the same period a year ago. The firm further pointed out that Amazon has posted four consecutive quarters of strong sequential cloud revenue growth.
On potential cloud revenue, UBS noted that Amazon’s backlog stood at a massive $364 billion at the end of Q1. The firm further said that 62% of Amazon’s cloud backlog, or $225 billion, is tied to the commitment for the company’s custom AI chips known as the Trainium.
Amazon’s cloud operating margin held at 38% in Q1. The company’s annualized cloud AI revenue increased more than 100% in Q1. In a UBS survey, the Amazon cloud was found to be preferred by 53% of enterprises for AI infrastructure. Amazon’s AI development platform, called the Amazon Bedrock, is now used by 125,000 customers, UBS noted. These include 80% of Fortune 100 companies.
Amazon.com Inc (NASDAQ:AMZN) is a multinational technology company. While Amazon is best-known for its namesake online marketplace, the company is also a leading provider of cloud computing services. It also runs media and entertainment businesses.
1. Nvidia Corp (NASDAQ:NVDA)
Fisher Asset Management’s Stake: $15.4 Billion
Number of Hedge Fund Holders: 275
EPS Growth Next 5 Years: 45.51%
Nvidia Corp (NASDAQ:NVDA) is one of billionaire Ken Fisher’s top high growth stock picks. Nvidia shares have gained more than 10% year-to-date and soared more than 45% over the past year. Analysts expect the stock to keep rising, forecasting nearly 50% upside to the current price.
On June 7, Nvidia Corp (NASDAQ:NVDA) announced a large AI infrastructure deal with Naver, a South Korean technology company. Naver plans to expand its AI computing capacity with Nvidia-based systems. Naver will use Nvidia’s DSX infrastructure platform to build AI factories. These are AI-focused data center facilities designed to run all kinds of AI workloads, from model training to inference operations.
The project will start with a 55-megawatt facility at Naver’s GAK Sejong data center, and Nvidia said it could grow to gigawatt-scale over time.
According to Nvidia, this project also supports a growing demand for sovereign AI platforms. Governments and businesses want AI systems built on local infrastructure. Nvidia offers hardware and software solutions needed to build sovereign AI platforms.
Notably, the Naver deal fits into Nvidia’s broader push across South Korea. During a recent visit by Nvidia CEO Jensen Huang, Nvidia announced AI infrastructure partnerships with several major Korean companies, including SK Telecom and SK Hynix.
Nvidia Corp (NASDAQ:NVDA) develops graphics processing units and other types of semiconductor chips with broad applications. Nvidia chips are widely used in data centers to power AI and high-performance computing workloads.
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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