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George Soros’ Top 5 Stock Picks

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In this article, we will discuss George Soros’ top 5 stock picks. If you want to read our detailed analysis of Soros’ history, investment philosophy, and hedge fund performance, go directly to George Soros’ top 10 stock picks.

5. Amazon.com, Inc. (NASDAQ:AMZN)

Soros Fund Management’s Holdings: $72,980,686
Percentage of Soros Fund Management’s Portfolio: 1.12%

Amazon.com, Inc. (NASDAQ:AMZN) is a retail company that sells consumer products and subscriptions online and in physical stores globally. Barclays analyst Ross Sandler reduced the price target on Amazon.com to $140 from $150 but kept an Overweight rating on the stock on May 1. Sandler noted substantial Q1 improvements in all aspects of Amazon’s business, including better-than-expected retail revenue and operating income, along with exceptional performance from AWS.

George Soros’ Soros Fund Management has kept a stake in Amazon.com, Inc. (NASDAQ:AMZN) since Q4 2010. However, in the first quarter of 2023, the hedge fund sold 194,921 shares of Amazon stock, reducing its remaining stake by about 22%. The hedge fund’s $72.98 million investment is equivalent to 1.12% of the whole company.

In its Q1 2023 investor letter, Diamond Hill Capital offered the following commentary regarding Amazon.com, Inc. (NASDAQ:AMZN):

“We did have several strong performing stocks this quarter. Our top contributors to return included NVR, Amazon.com, Inc. (NASDAQ:AMZN), Alphabet, Microsoft and Booking Holdings, all of which posted double-digit gains.

Global online retailer Amazon reported mixed quarterly results as improvement in retail profitability was offset by weakening demand at AWS (Amazon Web Services). Management responded with another round of layoffs (focused in high-margin areas like AWS and advertising) that will help protect margins until cloud and ad demand improves. We believe Amazon’s competitive advantages will continue to grow and that the business has the potential to grow faster than the overall economy in the coming years.”

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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