Billionaire Ken Fisher’s Top 13 Growth Stock Picks

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1. Apple Inc. (NASDAQ:AAPL)

Fisher Asset Management’s Equity Stake: $14.85 Billion

Number of Hedge Funds Holding Stakes: 166

Apple Inc. (NASDAQ:AAPL) tops Ken Fisher’s portfolio with a massive $14.85 billion stake. The tech giant designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories. It also has a growing services business, including advertising, cloud services, and digital content.

While Apple Inc.’s (NASDAQ:AAPL) growth metrics have come under immense pressure due to stiff competition in the smartphone business, it continues delivering impressive results. For starters, revenue in the fiscal first quarter of 2025 was up 4% to $124.3 billion. The increase was mostly driven by a 16% and 15% increase in Mac and iPad sales. Additionally, the services segment is emerging as a key growth driver, going by a 14% jump in revenue to $26.3 billion, helping offset an 8% slump in iPhone sales.

Wedbush analyst Dan Ives insists Apple Inc. (NASDAQ:AAPL) is a top growth stock headed for a ‘golden era of growth’ driven by demand for artificial intelligence. While the company’s flagship iPhone product line has come under pressure in recent years, Ives expects a multi-year iPhone upgrade cycle with the prospect of selling 240 million iPhones on AI integration.

While we acknowledge the potential of Apple Inc. (NASDAQ:AAPL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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