In this article, we will discuss: Ken Fisher Stock Portfolio: 12 Best Stocks to Buy.
According to Ken Fisher, the founder and executive chairman of Fisher Investments, American investors continue to undervalue global diversity. In a Fisher Investments video dated January 28, 2026, he stated that many investors overlook international markets, notwithstanding solid non-US returns in 2025. As Fisher notes, investors can remain domestically centered and feel secure given the size of the U.S. market, but this comfort may limit their awareness of international opportunities.
He further noted that, since regional economic cycles vary, investing internationally can reduce overall volatility. He stated, “Different parts of the world are zigging when other parts are zagging.” He continued by stating that developments in artificial intelligence have accelerated and improved access to global information, providing investors with the ability to examine markets, returns, and economies around the globe. Fisher concluded that a wider view promotes better long-term decision-making and advised investors to take the time to examine data from countries other than their own. He declared, “Global first, your country second.”
With that said, here is the Ken Fisher Stock Portfolio: 12 Best Stocks to Buy.
Our Methodology
To curate our list of Ken Fisher’s 12 best stocks, we scanned Fisher Asset Management’s Q3 2025 13F filings, using Insider Monkey’s 13F database. We have also mentioned the number of hedge fund holders for each stock using Insider Monkey’s database of hedge funds as of Q3 2025. The stocks are ranked in ascending order of Fisher Asset Management’s stake value.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
12. Broadcom Inc. (NASDAQ:AVGO)
Fisher Asset Management’s Stake Value: 4,160,739,682
Number of Hedge Fund Holders: 183
Broadcom Inc. (NASDAQ:AVGO) is among the Ken Fisher Stock Portfolio.
Fidelity Investments and Broadcom Inc. (NASDAQ:AVGO) struck a deal on January 28, 2026, as reported by Reuters. Fidelity Investments had accused Broadcom of threatening to cut off access to software that was essential to its systems. A Massachusetts state court lawsuit brought in November will be voluntarily dismissed by Fidelity when the semiconductor firm agrees to keep supplying software and services to a Fidelity subsidiary. The deal was reached before the planned hearing on a request for an injunction. According to Fidelity, there will be no disruption to operations, clients, associates, or partners. The disagreement arose after Broadcom Inc. (NASDAQ:AVGO) acquired VMware in 2023 and began bundling virtualization technologies.
Citi maintains a Buy rating on Broadcom Inc. (NASDAQ:AVGO) with a $480 price target after a transfer of coverage, as reported by TheFly on January 29, 2026. The company’s increasing AI sales are cited by the business as the reason for the Buy rating.
The stock is down by 4.86% YTD as of January 29, 2026.
Broadcom Inc. (NASDAQ:AVGO) is one of the world’s leading semiconductor businesses, and it has expanded into infrastructure software.
11. ASML Holding N.V. (NASDAQ:ASML)
Fisher Asset Management’s Stake Value: $4,213,705,207
Number of Hedge Fund Holders: 82
ASML Holding N.V. (NASDAQ:ASML) is among the Ken Fisher Stock Portfolio.
ASML Holding N.V. (NASDAQ:ASML) announced record fourth-quarter bookings of €13.2 billion, significantly above the average analyst expectation of €6.85 billion, as reported by Bloomberg on January 28, 2026. This was due to the demand for innovative chipmaking equipment utilized in AI infrastructure. Extreme ultraviolet lithography equipment accounted for more than half of all reservations, totaling €7.4 billion. Based on management, clients expressed a more optimistic medium-term prognosis linked to ongoing AI demand, which is reflected in plans for extra capacity. The corporation projected 2026 revenue to be €34 billion-€39 billion, exceeding previous projections, and reported total net sales of €32.7 billion in 2025. In the fourth quarter, 36% of net system sales came from China.
Based on TheFly, Barclays boosted ASML Holding N.V. (NASDAQ:ASML) to Overweight from Equal Weight. It elevated its price goal to €1,500 from €1,200 in response to the results. As stated by the firm, major upgrades to projections were driven by record orders, and its guidance seems cautious. Barclays pointed to potential favorable prospects for the shares based on the strength of demand and order intake, noting room for further gain despite strong expectations before reporting.
ASML Holding N.V. (NASDAQ:ASML) leads the market in semiconductor lithography systems.
10. Caterpillar Inc. (NYSE:CAT)
Fisher Asset Management’s Stake Value: $4,503,913,348
Number of Hedge Fund Holders: 70
Caterpillar Inc. (NYSE:CAT) is among the Ken Fisher Stock Portfolio.
On January 29, 2026, Bloomberg reported that solid demand for power generation equipment used in AI data centers helped Caterpillar Inc. (NYSE:CAT) achieve fourth-quarter results that exceeded Wall Street projections. The company said its power and energy section, which is now its largest and fastest-growing business, achieved a 25% profit rise over the previous year. An increase in sales of power-generating machinery balanced lower profitability in the firm’s conventional divisions. It sells heavy-duty machinery to the construction and resource industries.
On January 27, 2026, TheFly reported that Jefferies reaffirmed its buy recommendation for Caterpillar Inc. (NYSE:CAT) and increased its price objective from $700 to $750. The firm said the fourth-quarter earnings outlook appeared to be cautious, noting steady volume and margin improvement throughout both segments. Investors already understand the corporation’s power generation story, according to Jefferies. However, the company further stated that acceleration in other industries might push the shares higher and justify the higher valuation estimate after the earnings release.
Caterpillar Inc. (NYSE:CAT) produces industrial gas turbines, diesel-electric locomotives, off-highway diesel and natural gas engines, and mining and construction equipment.
9. Meta Platforms, Inc. (NASDAQ:META)
Fisher Asset Management’s Stake Value: $4,770,840,241
Number of Hedge Fund Holders: 273
Meta Platforms, Inc. (NASDAQ:META) is among the Ken Fisher Stock Portfolio.
On January 29, 2026, TheFly reported that Barclays kept its Overweight rating. It boosted its price objective for Meta Platforms, Inc. (NASDAQ:META) to $800 from $770. The corporation reported that the firm was back to business in the fourth quarter and that the first quarter’s growth in advertising revenue exceeded thirty percent. Barclays stated that Meta continues to lead the digital advertising sector, with artificial intelligence option value ahead, and that this trajectory mitigated investor fears over expenditure.
Separately, on January 28, 2026, CNBC reported that Mark Zuckerberg, CEO of Meta Platforms, Inc. (NASDAQ:META), stated the firm would boost its investment in AI in 2026. The company announced AI-related capital expenditures of $115 billion to $135 billion for the year, substantially doubling the previous year. Online advertising drove the company’s 24% year-over-year revenue growth, and shares increased by 10% after hours. The management reaffirmed its intentions to invest in infrastructure to train new models and supply super intelligence. It stated that its capacity is still limited due to the growing demand for computing power.
Meta Platforms, Inc. (NASDAQ:META) is a social networking app development company.
8. JPMorgan Chase & Co. (NYSE:JPM)
Fisher Asset Management’s Stake Value: $4,959,330,335
Number of Hedge Fund Holders: 120
JPMorgan Chase & Co. (NYSE:JPM) is among the Ken Fisher Stock Portfolio.
JPMorgan Chase & Co. (NYSE:JPM), Bank of America, and Wells Fargo stated on January 28, 2026, that they would match the $1,000 one-time contribution made by the US government to children’s retirement savings accounts for qualified employees, as reported by CNBC. As part of a pilot initiative, eligible children born in the United States between January 1, 2025, and December 31, 2028, will receive a $1,000 deposit from the U.S. Treasury into tax-advantaged accounts. Financial companies and prominent individuals have committed to the project, which seeks to promote long-term saving and investment from birth.
Separately, on January 14, 2026, TheFly reported that Baird maintained its “Underperform” rating following the release of the fourth-quarter data. It upgraded its price target on JPMorgan Chase & Co. (NYSE:JPM) from $260 to $280. The company updated its model, citing excellent credit and solid core PPNR.
The stock is down by 5.86% YTD as of January 29, 2026.
JPMorgan Chase & Co. (NYSE:JPM) is one of the largest financial institutions in the United States, with over $4 trillion in assets.
7. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Fisher Asset Management’s Stake Value: $4,980,614,344
Number of Hedge Fund Holders: 194
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is among the Ken Fisher Stock Portfolio.
On January 15, 2026, Bloomberg reported that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) planned capital spending of $52 billion to $56 billion in 2026, at least 25% higher than in 2025, showing confidence in long-term demand from the global AI boom. In 2026, the company anticipates revenue growth of about 30%, surpassing the average analyst estimate. The corporation’s U.S.-listed ADRs jumped as much as 5.6% after the outlook.
Separately, TheFly on Jan 16, 2026, reported that TD Cowen boosted its price objective on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $370 from $325 and maintained a Hold rating. The corporation credited production execution for the revision, which came after better-than-expected quarterly results. Furthermore, TD Cowen revised its 2026 growth forecast for TSMC to 30% year over year, in line with the company’s anticipated surge in revenue for the period.
The stock is up by 6.24% YTD as of January 29, 2026.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) produces and markets wafer semiconductor devices and integrated circuits.
6. The Goldman Sachs Group, Inc. (NYSE:GS)
Fisher Asset Management’s Stake Value: $5,304,824,396
Number of Hedge Fund Holders: 75
The Goldman Sachs Group, Inc. (NYSE:GS) is among the Ken Fisher Stock Portfolio.
According to Bloomberg on January 27, 2026, The Goldman Sachs Group, Inc. (NYSE:GS) CEO David Solomon stated that talent growth will be slower in 2026 despite a favorable view on global markets. According to the CEO, recruiting will be more limited this year as the company prioritizes efficiency. Solomon pointed out that efficiency benefits enable the firm to reallocate resources to business markets with scalable growth, where some expansion may still necessitate additional staff.
Separately, TheFly reported on January 20, 2026, that following fourth-quarter results, RBC Capital retained a Sector Perform rating. It lifted its price objective on The Goldman Sachs Group, Inc. (NYSE:GS) to $1,030 from $900. As stated by analyst Gerard Cassidy, the corporation has been the top worldwide M&A advisor for the past 20 years and is a major global investment bank with a dominant presence in international markets. Furthermore, he mentioned that the company is financially strong. As per the bank’s most recent quarterly performance data, its share count has decreased by an estimated 46% from its peak in the first quarter of 2010.
The Goldman Sachs Group, Inc. (NYSE:GS) provides financial services.
5. Amazon.com, Inc. (NASDAQ:AMZN)
Fisher Asset Management’s Stake Value: $7,268,576,882
Number of Hedge Fund Holders: 332
Amazon.com, Inc. (NASDAQ:AMZN) is among the Ken Fisher Stock Portfolio.
On January 30, 2026, a Reuters source revealed that Amazon.com, Inc. (NASDAQ:AMZN) is in preliminary negotiations to invest up to $50 billion in OpenAI, though the specifics are still pending. The corporation may become the biggest contributor to OpenAI’s fundraising round as a result of the investment. At an estimated $830 billion valuation, OpenAI is looking for up to $100 billion in capital and is getting ready for a possible $1 trillion IPO. Microsoft, Nvidia, and Amazon.com, Inc. (NASDAQ:AMZN) are reportedly talking about investments, while SoftBank may contribute up to $30 billion.
Separately, Reuters revealed on January 28, 2026, that Amazon.com, Inc. (NASDAQ:AMZN) had verified 16,000 corporate job layoffs, fulfilling expectations for around 30,000 since October. The cuts are its biggest layoffs, accounting for over 10% of its workers. The firm cited efforts to decrease bureaucracy and increase efficiency and stated that future changes are possible. The layoffs come after store closures and discontinued initiatives, and they affect AWS, Alexa, devices, advertising, and delivery operations. On the same day, shares dropped by 2.1%. The company will release its results next week.
Amazon.com, Inc. (NASDAQ:AMZN) is a renowned online retailer and marketplace for third-party sellers.
4. Alphabet Inc. (NASDAQ:GOOGL)
Fisher Asset Management’s Stake Value: $9,121,830,545
Number of Hedge Fund Holders: 243
Alphabet Inc. (NASDAQ:GOOGL) is among the Ken Fisher Stock Portfolio.
Reuters reported on January 28, 2026, that Alphabet Inc. (NASDAQ:GOOGL)’s Google had agreed to pay $135 million to resolve a proposed class action claiming that its Android operating system had acquired user data without authorization. The tentative settlement, which needs judicial approval, was submitted to a federal court in San Jose, California. It has been covering Android device users since November 12, 2017. The plaintiffs claimed that data was gathered even when displays were locked, apps were closed, or location sharing was turned off. The company denied any misconduct. The agreement requires disclosure in Google Play terms, includes simpler toggles to halt transfers, and needs approval prior to data transfers during phone setup. Plaintiffs’ attorneys may demand up to $39.8 million in fees, and payments are limited to $100 per user.
In another development, TheFly reported on January 27, 2026, that Roth Capital maintained a Buy recommendation ahead of Alphabet Inc. (NASDAQ:GOOGL)’s fourth-quarter reports. It boosted the company’s price objective from $310 to $365. The company listed several catalysts, such as key events, Waymo city launches, Gemini milestones, TPU partnerships, and predictions of a modest earnings beat.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that works in the fields of software, healthcare, transportation, and other technology.
3. Microsoft Corporation (NASDAQ:MSFT)
Fisher Asset Management’s Stake Value: $12,867,119,752
Number of Hedge Fund Holders: 312
Microsoft Corporation (NASDAQ:MSFT) is among the Ken Fisher Stock Portfolio.
As reported by Reuters, the market reacted strongly on January 29, 2026, when Microsoft Corporation (NASDAQ:MSFT) announced unprecedented spending on artificial intelligence along with slower cloud growth. After-hours trading saw a 6.5% decline in shares as data revealed Azure sales surged by 39% in the fiscal second quarter, just marginally above forecasts. The total revenue climbed by 17% to $81.3 billion, but the cost increase was faster at 19%. Capital spending totaled $37.5 billion, up nearly 66% year on year, with around two-thirds going toward computing chips, exceeding expectations.
For the third quarter of the fiscal year, Microsoft Corporation (NASDAQ:MSFT) projects Azure growth of 37% to 38% and total revenue close to $81.2 billion. It revealed for the first time that M365 Copilot has 15 million annual users. The cloud backlog has doubled to $625 billion, with OpenAI accounting for nearly 45% of the total. Investor fears were heightened by competition from Google’s Gemini and other AI rivals, while executives cautioned that growing memory chip costs could put pressure on profitability.
The stock is down by 8.34% YTD as of January 29, 2026.
Microsoft Corporation (NASDAQ:MSFT) creates and licenses consumer and enterprise software.
2. Apple Inc. (NASDAQ:AAPL)
Fisher Asset Management’s Stake Value: $13,862,683,481
Number of Hedge Fund Holders: 166
Apple Inc. (NASDAQ:AAPL) is among the Ken Fisher Stock Portfolio.
According to a January 28, 2026, Reuters story, demand for the high-end iPhone 17 Pro models is likely to fuel Apple Inc. (NASDAQ:AAPL)’s highest iPhone sales rise in over four years. In the October-December fiscal first quarter, analysts predict that iPhone revenue will surge by roughly 13.8%. Moreover, the total revenue is expected to jump by 11.4% to a record $138.43 billion. In 2025, the corporation held a 20% market share in smartphones worldwide, up from 18% the year before. Even though customer demand was not yet being driven by artificial intelligence features, sales of the newest iPhone series skyrocketed in late 2025.
Apple Inc. (NASDAQ:AAPL) aims to implement AI features using Google’s Gemini, a move that analysts believe improves iPhone positioning without requiring significant investment. Greater China sales are projected to expand roughly 15%, and services revenue is forecast to grow 14.1%. Investors will be watching how the firm handles growing expenses due to a worldwide scarcity of memory chips, which could put pressure on margins even though the supply chain is expected to be solid overall.
The stock is down by 4.70% YTD as of January 29, 2026.
Apple Inc. (NASDAQ:AAPL) designs, produces, and markets wearables and accessories, tablets, smartphones, computers, and other associated services.
1. NVIDIA Corporation (NASDAQ:NVDA)
Fisher Asset Management’s Stake Value: $15,777,871,986
Number of Hedge Fund Holders: 234
NVIDIA Corporation (NASDAQ:NVDA) is among the Ken Fisher Stock Portfolio.
NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang stated that China is still finalizing a license to permit sales of the H200 artificial intelligence chip, according to a January 29, 2026, Reuters report. Speaking in Taipei following visits to Chinese officials, partners, and clients, Huang stated that he is expecting a decision from the Chinese government on approval. He claimed that consumers demand the H200 and described it as advantageous for both the Chinese market and American technological superiority.
Reuters had earlier reported that China had approved acquisitions of more than 400,000 H200 chips by ByteDance, Alibaba, and Tencent. This was under rigid conditions, but Huang stated NVIDIA Corporation (NASDAQ:NVDA) has not received such details and believes the outcome is still pending.
Huang stated that the corporation needs to compete fiercely because China has a lot of powerful chip companies. He stated that despite limited packaging capacity, the firm will collaborate with TSMC to arrange supply and deliver promptly if the H200 is authorized. Huang noted that he would be happy to invest in OpenAI in the future.
The stock is up by 1.94% YTD as of January 29, 2026.
NVIDIA Corporation (NASDAQ:NVDA) is a leading graphics processing unit manufacturer.
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 this cheapest AI stock.
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Disclosure: None. Ken Fisher Stock Portfolio: 12 Best Stocks to Buy is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
