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10 Best Tech Stocks for the Next 5 Years

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Big Tech just had a week investors will remember. At its low on Friday, Alphabet had lost $477 billion in market value for the week, its worst week ever and the second-biggest weekly wipeout for any US-listed stock by Yahoo Finance’s calculations, Yahoo Finance reported on October 30.

Most of the damage came Thursday, when the Google parent lost $475 billion in a single session after its third-quarter results. For October as a whole, Yahoo Finance calculated a loss of about $766 billion at Friday’s low. That is the second-biggest monthly loss ever for a US-listed company, behind only SpaceX’s roughly $822 billion drop in July.

Heavy Losses Spread Beyond Alphabet

Alphabet wasn’t alone. SpaceX, Intel and Nvidia each lost more than $100 billion in market value this week, according to Yahoo Finance. Intel fell as much as 30% on Friday after a weak outlook, its steepest drop in decades, and Amazon shed about $70 billion after reporting results Thursday. Software stocks took some of the sharpest hits in percentage terms, with ServiceNow and Fortinet down roughly 25% to 33%.

Nvidia was among the biggest losers. Our analysis of whether Nvidia can sustain its exceptional margins as it becomes more than a chipmaker looks at what keeps its profits so high.

UBS Argues Against Heading for the Exits

Not all the money left the market. Eli Lilly, Tesla and SK Hynix added about $370 billion in combined value over the same stretch, even as the Magnificent Seven stumbled, Yahoo Finance said.

UBS’s chief investment office argued against retreating. Ulrike Hoffmann-Burchardi, the bank’s CIO Americas and global head of equities, wrote on Friday that further volatility does not make leaving markets an effective way to protect a portfolio from drawdowns. She said UBS still sees scope for equity gains overall and believes investors should focus on “building a resilient portfolio that includes exposure beyond tech.”

The selloff also left Alphabet’s price-to-earnings ratio at its lowest in more than a decade, Yahoo Finance noted. You might also be interested in reading our piece on why Alphabet’s low P/E is misleading even as the AI opportunity looks real.

That is why a five-year view has to look past any single earnings reaction. The ten stocks below were built on very different businesses, from chip equipment to advertising, and each has been picked up on lists of the best technology stocks to hold for the long term. Here is how they rank by size.

Our Methodology

To compile this list, we searched for the best tech stocks for the next five years and reviewed rankings published by several financial websites over the past 12 months. From the stocks that came up, we picked the 10 with the largest market caps and ranked them in ascending order of market cap, as of October 31, 2026. These stocks are also popular among elite hedge funds that we track.

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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).

10 Best Tech Stocks for the Next 5 Years

10. ASML Holding (NASDAQ:ASML)

Market Cap: $603.15 billion

Number of Hedge Fund Holders: 140

ASML supplies the lithography machines chipmakers use to mass-produce the patterns on integrated circuits. The case for the stock is that customers want more machines than ASML plans to build.

In the third quarter, ASML reported total net sales of €11.7 billion and net income of €5.0 billion, and it expects 2026 net sales of between €44 billion and €45 billion with a gross margin around 56%. Chief Executive Officer Christophe Fouquet said the company now expects its planned supply for both 2027 and 2028 to fall short of customer demand, and some customers have expressed interest in orders for 2029 and even 2030, which gives the company unusual visibility into future demand. ASML is investigating ways to add 2028 capacity beyond the 30% increase it announced earlier.

The business earns strong returns on that position, with a 54.33% gross margin and a 38.53% operating margin over the past 12 months. Earnings per share grew 23.58% a year over the past five years. Our analysis of whether ASML’s stock is priced for a chip equipment shortage that lasts into 2028 looks at how the market is valuing that backlog.

9. Advanced Micro Devices (NASDAQ:AMD)

Market Cap: $823.98 billion

Number of Hedge Fund Holders: 164

Advanced Micro Devices makes processors for servers, PCs and game consoles, along with the AI accelerators and full server racks it now sells to data centers. Investors like it because large AI buyers are signing multiyear deals for its newest hardware.

In the second quarter, revenue rose 50% to a record $11.5 billion. Data Center revenue was $6.7 billion, up 107%, and made up 58% of the total, which shows how far the business has shifted toward AI. Chief Financial Officer Jean Hu said she expects Data Center sales to accelerate in the second half of the year, and AMD guided third-quarter revenue to about $13 billion, plus or minus $300 million.

The company’s Helios server rack is being deployed by AI labs and cloud providers including Anthropic, Meta, Microsoft, OpenAI and Oracle, and AMD announced a partnership with Anthropic to deploy up to 2 gigawatts of its MI450 GPUs. Revenue grew 28.82% a year over the past five years. AMD reports its next quarter early next week. Our analysis of how AMD’s premium valuation puts its execution under the microscope looks at what investors will want to see.

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