In this article, we will list the Top 5 Growth Stocks in Billionaire Philippe Laffont’s Portfolio. Please visit Top 10 Growth Stocks in Billionaire Philippe Laffont’s Portfolio if you would like to see the extended list and the methodology behind it.
5. Constellation Energy Corporation (NASDAQ:CEG)
Stock Upside Potential: 39.50%
Number of Hedge Fund Holders: 76
Coatue Management’s Stake Value: $2,086,827,360
Constellation Energy Corporation (NASDAQ:CEG) is one of the top growth stocks in billionaire Philippe Laffont’s portfolio. On April 4, analysts at Barclays reiterated Constellation Energy Corporation (NASDAQ:CEG) with an Overweight and raised the price target to $360 from $356.
The price target hike comes on the heels of Constellation Energy reiterating that it expects its 2026 earnings to come in at between $11 and $12 a share. According to Barclays, the earnings guidance appears conservative as it expects it to track towards $19 per share in 2029.
Philippe Laffont of Coatue Management
In addition to earnings growth, Constellation Energy plans $3.9 billion in capital spending in 2026. The company has also raised its share buyback authorization to $5 billion as it moves to meet growing demand for clean electricity in the US. The company is well-positioned to capitalize on strong US power demand after hitting a record high in 2025 due to rapid build-out in data centers for AI and cryptocurrency.
Constellation Energy Corporation (NASDAQ:CEG) is the largest producer of carbon-free energy in the U.S., generating and selling electricity and natural gas to commercial, industrial, and residential customers. They operate a massive fleet of nuclear, wind, solar, and hydro assets, and provide energy management services and sustainable solutions.
4. Alphabet Inc (NASDAQ:GOOGL)
Stock Upside Potential: 23.77%
Number of Hedge Fund Holders: 243
Coatue Management’s Stake Value: $2,141,369,468
Alphabet Inc (NASDAQ:GOOGL) is one of the top growth stocks in billionaire Philippe Laffont’s portfolio. On April 7, Alphabet Inc.’s (NASDAQ:GOOGL) Waymo unit began offering a fully autonomous ride-hailing service in Nashville.
The autonomous ride-hailing service is designed to cover a 60-square-mile area, including downtown Broadway, 12 South, Midtown, and East Nashville. Waymo is also conducting testing at Nashville International Airport. While the service is currently available on the Waymo APP, there are plans to start offering it through the Lyft app, with Lyft serving as the fleet partner in Nashville.
On the other hand, research firm Citizens has reiterated an Outperform rating on Alphabet following the launch of the expansive ride-hailing autonomous service in Nashville. According to Citizens analyst Andree Boone, Waymo is slowly transitioning into a sixth-generation autonomous driving system with about 3,000 vehicles on the road.
It is a significant improvement given that the company had 2,700 vehicles on the road in November. In addition, data from over 170 million miles travelled shows the service has achieved a 13-fold reduction in crashes involving serious injuries.
Alphabet Inc (NASDAQ:GOOGL) is a holding company and the parent company of Google and several former Google subsidiaries, including Waymo (autonomous driving) and Calico. It manages a diverse portfolio in AI, digital advertising, search, cloud computing, software, hardware, and research, aiming to grow beyond internet services.
3. Amazon.com, Inc. (NASDAQ:AMZN)
Stock Upside Potential: 33.34%
Number of Hedge Fund Holders: 381
Coatue Management’s Stake Value: $2,292,565,408
Amazon.com, Inc. (NASDAQ:AMZN) is one of the top growth stocks in billionaire Philippe Laffont’s portfolio. On April 7, Amazon.com, Inc. (NASDAQ:AMZN)’s cloud unit, Amazon Web Services, entered into a 5-year strategic collaboration with Coupa. The ultimate goal is to deliver autonomous direct and indirect spend across the spend lifecycle from sourcing to payment and finally on supply chain execution.
Under the terms of the agreement, AWS AI capabilities are to be integrated into Coupa’s business intelligence network. The integration will enable customers to deploy Coupa Navi agents built on Amazon Bedrock using AWS AI and machine learning services. Additionally, it is expected to accelerate the path toward autonomous spend management.
Similarly, Uber is expanding its use of Amazon Web Services infrastructure as it looks to enhance its ride-sharing and delivery operations. The company is to deploy an AWS Graviton4 instance to support its Trip Serving Zones. The system, which processes ride and delivery requests, handles millions of predictions and location data, and is to leverage AWS for faster scaling during demand spikes.
Amazon.com, Inc. (NASDAQ:AMZN) is a massive technology and retail company that operates a global e-commerce marketplace, provides cloud computing services via Amazon Web Services (AWS), produces consumer electronics (like Kindle and Echo), and offers digital streaming/entertainment services (Prime Video, Music, Audible).
2. Meta Platforms, Inc. (NASDAQ:META)
Stock Upside Potential: 49.09%
Number of Hedge Fund Holders: 256
Coatue Management’s Stake Value: $2,496,426,714
Meta Platforms, Inc. (NASDAQ:META) is one of the top growth stocks in billionaire Philippe Laffont’s portfolio. On April 1, Bank of America touted Meta Platforms, Inc. (NASDAQ:META) as one of the top stock recommendations after the recent sell-off in the broader equity market.
According to the research firm, Meta is one of the companies well-positioned to benefit from market and business catalysts in the coming quarters. One of the catalysts expected to fuel a rally is a resolution around the Iran conflict that has acted as a major headwind.
Analysts at Citizens support similar sentiments and have also reiterated a Market Outperform rating on the stock with a $900 price target. The bullish stance comes on the heels of Meta confirming it will fund seven new natural gas power plants as part of its expanded partnership with Entergy. The power plants are to supply power to the company’s Hyperion AI data center campus, focused on compute workloads.
On the other hand, reports indicate Meta has paused its work with Mercor after a recent data breach at the AI training startup. The breach is reported to have exposed proprietary training data belonging to some of the world’s prominent AI laboratories.
Meta Platforms, Inc. (NASDAQ:META) builds technologies that help people connect, find communities, and grow businesses through social media, AI, and immersive technologies. Its core apps include Facebook, Instagram, Messenger, and WhatsApp, while its hardware division produces Meta Quest VR headsets and Ray-Ban Meta AI smart glasses.
1. Microsoft Corporation (NASDAQ:MSFT)
Stock Upside Potential: 56.89%
Number of Hedge Fund Holders: 312
Coatue Management’s Stake Value: $2,501,271,034
Microsoft Corporation (NASDAQ:MSFT) is one of the top growth stocks in billionaire Philippe Laffont’s portfolio. On April 3, Microsoft Corp (NASDAQ: MSFT) announced plans to invest $10 billion in Japan between 2026 and 2029.
The investment is part of the tech giant’s push to expand its artificial intelligence infrastructure in the country as it looks to capitalize on the AI boom. Microsoft is to expand its facilities in eastern and western Japan with AI chips and hardware to support advanced workloads and autonomous AI agents.
In addition, Microsoft plans to strengthen its cybersecurity cooperation with the government. As part of the investment, the company is to train 1 million engineers and developers by 2030 as it looks to boost growth through advanced and strategic technologies.
Microsoft is to work with domestic firms, including Softbank and Sakura Internet, to expand AI computing capacity in the country. By enhancing the infrastructure, companies and government agencies will be able to keep sensitive data within the country while leveraging Microsoft Azure services.
Microsoft Corporation (NASDAQ:MSFT) is a multinational technology company that develops, licenses, and supports a wide range of software products, services, and hardware. Key offerings include the Windows operating system, Microsoft 365 (Office) productivity suite, Azure cloud computing, LinkedIn, and the Xbox gaming ecosystem. They are heavily invested in artificial intelligence (AI) with tools like Copilot.
While we acknowledge the potential of MSFT 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 MSFT and that has 100x upside potential, check out our report about the cheapest AI stock.
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