Top 12 Tech Stocks to Buy According to Billionaire Ken Fisher

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders as of Q4: 223

Fisher Asset Management’s Equity Stake: $13.2 Billion

NVIDIA Corporation (NASDAQ:NVDA) continues to assert its dominance, holding an estimated 80% market share in the high-performance GPU market despite the premium pricing of its products. Being the primary supplier of advanced graphics processing units to major technology firms, NVIDIA remains a critical player in the global AI infrastructure race. The recent launch of its Blackwell architecture has further solidified its leadership, offering superior performance and energy efficiency that caters to the growing demands of AI workloads and data center applications.

This technological leadership has translated into exceptional financial performance as well. In Q4 2024, NVIDIA Corporation (NASDAQ:NVDA) reported record-breaking revenue of $39.3 billion, marking a 12% sequential increase and an impressive 78% year-over-year surge. A key driver of this growth was a 93% expansion in the company’s data center segment, which reflects the surging demand for AI capabilities across industries. Looking ahead, NVIDIA projects a revenue of $43 billion for the April quarter, representing a 9% sequential increase and a 65% jump from the same period last year, well above analysts’ expectations of $42.1 billion.

According to analysts, NVIDIA Corporation (NASDAQ:NVDA) is expected to post earnings of $0.93 per share for the current quarter, a 52.5% increase from the same period last year. For the full fiscal year, the consensus earnings estimate stands at $4.41 per share, reflecting a 47.5% year-over-year improvement. While guidance suggests a gradual deceleration in growth heading into FY2026 Q1, the overall financial outlook remains robust. Analysts highlight a significant contraction in the company’s price-to-sales (P/S) ratio, signaling potential undervaluation. Given that revenue growth remains in line with historical averages, analysts have upgraded NVIDIA’s stock to a Buy rating, viewing the current technical weakness and valuation levels as a potential entry point for long-term investors even during a time of short-term volatility, and reinforcing its position as top tech stock to buy in our list.