In this article, we will list the 5 Best Stocks in Steve Cohen’s Portfolio. Please visit 10 Best Stocks in Steve Cohen’s Portfolio if you’d like to see the extended list and the methodology behind it.
5. Equinix, Inc. (NASDAQ:EQIX)
Market value of shares owned: $524,232,352
% of portfolio: 0.67%
Equinix, Inc. (NASDAQ:EQIX) is one of the 10 Best Stocks in Steve Cohen’s Portfolio.
Steven Cohen of Point72 Asset Management
On May 14, 2026, Equinix, Inc. (NASDAQ:EQIX) announced the global expansion of Equinix Fabric Geo Zones across five continents, introducing the first network-level, multi-cloud sovereignty solution. With the tightening global regulatory frameworks like GDPR and LGPD, standard networks often route data across prohibited borders during failover or congestion events. Fabric Geo Zones natively isolates traffic within predefined geographic boundaries directly inside the interconnection layer. The system, enforced across 77 global metros, blocks non-compliant paths to prevent accidental cross-border leakage during automatic rerouting. Arun Dev, VP of Digital Interconnection at Equinix, Inc. (NASDAQ:EQIX) made the following claim.
Equinix Fabric Geo Zones is the only solution that enforces geographic boundaries as a property of the network itself.
Previously, on May 7, 2026, Mizuho raised its price target on Equinix, Inc. (NASDAQ:EQIX) from $1,165 to $1,200. The firm’s analyst Vikram Malhotra kept an Outperform rating on the shares. Vikram Malhotra, who participated in the company’s Q1 earnings call on April 29, 2026, inquired about sequential booking seasonality and interconnection revenue growth. The management confirmed a seasonal dip in Q1 despite a record backlog and attributed interconnection growth to robust Fabric performance and AI investments.
Founded in 1998 and based in California, Equinix, Inc. (NASDAQ:EQIX) is a digital infrastructure company. Its platform, Equinix, combines a global footprint of International Business Exchange and xScale data centers, along with interconnection solutions, digital offerings, business & digital ecosystems, and consulting & support services.
4. Broadcom Inc. (NASDAQ:AVGO)
Market value of shares owned: $701,420,228
% of portfolio: 0.90%
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Stocks in Steve Cohen’s Portfolio.
Broadcom Inc. (NASDAQ:AVGO) renewed its partnership with London Stock Exchange Group (LSEG) on May 19, 2026, with a new five-year agreement. The deal expands LSEG’s deployment of VMware Cloud Foundation 9 across its complex infrastructure, adding strength to its multi-cloud strategy. Broadcom Inc. (NASDAQ:AVGO) will supply dedicated professional services to transition LSEG to the unified platform. This private cloud architecture is engineered to improve security in addition to strengthening operational resilience and maximizing automation across high-performance, strictly regulated global trading environments.
In another development, on May 26, 2026, Broadcom Inc. (NASDAQ:AVGO) introduced the BCM68850 – the industry’s first 50G PON home gateway SoC equipped with an integrated Neural Processing Unit (NPU) and native Wi-Fi 8 compatibility. The flagship chip completes an end-to-end 50G ecosystem. It helps in managing data micro-bursts via an ultra-fast “burst and release” protocol to provide near-zero-jitter performance. Philip Radtke, VP of product marketing for Broadcom Inc. (NASDAQ:AVGO)’s Wireless and Broadband Communications Division, gave the following statement.
The BCM68850 is a defining milestone for global fiber networks; we are reshaping the broadband edge as the central intelligence hub of the home
The global technology company, Broadcom Inc. (NASDAQ:AVGO), designs, develops, and supplies a broad portfolio of semiconductor and infrastructure software products. Initially established in 1961 as a division of Hewlett-Packard, it operates today as a combined entity from a 2016 acquisition. The company has its headquarters in California.
3. Credo Technology Group Holding Ltd (NASDAQ:CRDO)
Market value of shares owned: $702,109,958
% of portfolio: 0.90%
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the 10 Best Stocks in Steve Cohen’s Portfolio.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) announced a partnership with the AI inference leader Rebellions on May 20, 2026, to build scalable, turnkey AI factories for enterprises. The partnership integrates the company’s ZeroFlap Active Electrical Cables (AECs) directly into Rebellions’ high-performance RebelPOD AI clusters. ZeroFlap connectivity virtually eliminates intermittent link disruptions and link flaps during intensive, distributed inference workloads. With this stability, the companies aim to streamline hardware execution, shorten the time to first token, and significantly lower operational risk for scaling backend AI networks.
Separately, earlier this month, on May 1, 2026, Rothschild & Co Redburn initiated coverage of Credo Technology Group Holding Ltd (NASDAQ:CRDO) with a Buy rating and a price target of $206. According to the firm, scaling generative AI requires intelligent LLMs, driving a sector transition from copper wiring to high-capacity optical fibers. The firm’s analyst believes that the shift opens an expansive addressable market for optical networking firms.
Founded in 2008, Credo Technology Group Holding Ltd (NASDAQ:CRDO) develops high-speed connectivity products and solutions for the data infra market (specifically optical and electrical Ethernet and PCIe applications), including SerDes chiplets, integrated circuits, and electrical cables. The company is based in the Cayman Islands.
2. Amazon.com, Inc. (NASDAQ:AMZN)
Market value of shares owned: $1,032,807,598
% of portfolio: 1.32%
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best Stocks in Steve Cohen’s Portfolio.
On May 21, 2026, Amazon.com, Inc. (NASDAQ:AMZN)’s Indian online marketplace, Amazon.in, announced plans to add over 100 premium beauty brands to its platform in 2026. The plan covers global names like Dolce & Gabbana, Laura Mercier, and Urban Decay. Amazon’s premium beauty segment is driven upward by an international transition toward global trends, which resulted in a 50% year-over-year growth for the segment. Notably, more than 50% of this demand originates from India’s Tier 2 and Tier 3 cities like Thrissur and Dehradun. To support this scale, Amazon.in has already optimized its logistics, delivering half of all top-100-city beauty orders within 24–48 hours.
In another development, on May 22, 2026, Amazon.com, Inc. (NASDAQ:AMZN)’s Amazon India also reported double-digit YoY growth for its 2026 Great Summer Sale. Rising temperatures and premiumization were attributed to the growth. Premium smartphones and AI-enabled large appliances led the surge, with Tier 2 and Tier 3 cities driving 1.7X growth in premium appliance demand. The company also noticed a surge in its AI usage, as consumers increasingly utilized embedded AI tools like Rufus and Lens AI for product discovery.
Founded in 1994, Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing. The Washington-based company has invested heavily in vertical integration by designing its own specialized microprocessors, including Trainium and Inferentia, to scale AI models efficiently.
1. NVIDIA Corporation (NASDAQ:NVDA)
Market value of shares owned: $1,322,763,658
% of portfolio: 1.69%
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Stocks in Steve Cohen’s Portfolio.
On May 20, 2026, NVIDIA Corporation (NASDAQ:NVDA) announced in the company’s financial results for the first quarter of fiscal 2027 that they have gained the board of directors’ approval for an additional $80 billion share repurchase and an increase in the quarterly cash dividend from $0.01 per share to $0.25 per share. The company’s massive 85% year-over-year increase in fiscal Q1 revenue, reaching $81.6 billion and overwhelmingly driven by the unprecedented buildout of AI infrastructure, is the primary driver strengthening NVIDIA Corporation (NASDAQ:NVDA)’s commitment to returning value to shareholders.
In another development, on May 23, 2026, Jensen Huang, CEO of NVIDIA Corporation (NASDAQ:NVDA), urged Super Micro Computer to enhance trade compliance following Taiwan’s detention of three individuals over suspected fraudulent AI server documentation, according to a Bloomberg report. Super Micro is a symbiotic partner of NVIDIA Corporation (NASDAQ:NVDA) and engages in the assembly of AI chips from the company and similar manufacturers into systems that are installed in data centers. The reported detention marks Taiwan’s first crackdown on chip smuggling amidst stringent U.S. export controls. Super Micro pledged to tighten its global compliance program to stop technological diversion into restricted markets.
Founded in 1993, the California-based company, NVIDIA Corporation (NASDAQ:NVDA), is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units.
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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