NVIDIA Corporation (NVDA): Among Billionaire Ken Fisher's Top Growth Stock Picks

Yahoo

31-03-2025

We recently published a list of . In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other billionaire Ken Fisher's top growth stock picks.
'Who am I to tell you anything, much less anything that counts? Or that there are only three questions that count and I know what they are? Why should you bother reading any of this? Why listen to me at all?'
This is the opening paragraph in one of Kenneth Lawrence Fisher's books, 'The Only Three Questions That Count: Investing by Knowing What Others Don't.' Fisher has over ten books to his name, but that is not why investors pay attention to what he has to say whenever he says it. Known to many as Ken Fisher, the 74-year-old is ranked at position 212 in the latest Forbes Billionaires list (as of March 11, 2025). This is thanks to the $11.2 billion of wealth he has amassed through Fisher Investments, a firm that has more than $270 billion in assets under management.
Fisher has a lot to say about the market, and he is an active commentator on current events. As you'd expect, he had something to say about Trump's tariffs. On Tuesday, March 11, 2025, President Trump doubled down on tariff talks, threatening to double the planned tariff on Canada-imported aluminum and steel to 50%. He said the levies would be effected in 24 hours and that if Canada doesn't play ball, he 'would set tariffs on cars from Canada so high that they would permanently shut down the Canadian car industry,' the New York Times reported.
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President Trump has given four reasons for the tiff with Canada. On raising tariffs on Canadian aluminum and steel, the president argued that the move is a response to Ontario bumping up prices on the electricity exported to the United States. He has also mentioned concerns about fentanyl trafficking, high levies on dairy imports, and that the tariffs are the current administration's 'broader strategy to use economic leverage to address national security concerns and promote domestic manufacturing.'
Fisher agrees with President Trump but only as far as the tariffs are negotiating tools. In a recent video posted on YouTube, he explains that tariffs are rarely fully enforced and argues that the actual impact of tariffs is often much smaller than people fear. The levies might be set at, say, 10-15%, but the real cost impact on goods is usually around 1.5%. He also emphasizes that markets often overreact to tariff announcements, causing unnecessary fear and volatility.
In other words, Fisher's mind is clear that the current selloff in the US stock market is an overreaction that will settle. It is impossible to argue with a person whose stock picks have generated so much value in so many years. Fisher Asset Management, the investment vehicle of Fisher Investments, currently has 975 holdings, with a calculated portfolio value of $251 billion. This value has increased drastically over the past 10 years, with a slight dent during the COVID-19 pandemic.
We combed Fisher Asset Management's Q4 2024 13F filings to identify the top growth stocks in which the firm is invested in. From the resultant data, we settled on the top 13 growth stock picks and analyzed them to determine why they stand out as growth picks. Finally, we ranked the stocks in ascending order based on the value of Fisher Asset Management equity stakes while also detailing hedge fund sentiment around each stock.
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. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points ().
Ken Fisher of Fisher Asset Management
NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor giant that designs and supplies graphics processing units (GPUs) and application programming interfaces (APIs). It has also emerged as a leading artificial intelligence (AI) hardware and software supplier. It is one of the top growth stocks because it can capitalize on lucrative growth trends, including gaming personal computers, cryptocurrency mining, high-performance computing and artificial intelligence AI.
NVIDIA Corporation (NASDAQ:NVDA) controls a large portion of the data center graphics card market. To support their rapidly expanding cloud computing businesses, IT giants Microsoft, Alphabet, and Meta Platforms are increasing their investments in AI-related infrastructure. A large portion of the $220 billion that the companies intend to invest in 2025 will go toward Nvidia in the upcoming years.
Given that it recorded amazing growth, with Q4 of Fiscal 2025 revenue leaping 78% year over year and adjusted earnings per share jumping 71%, Nvidia's growth metrics remain intact. With a compound annual growth rate (CAGR) of 69% over the previous three years and a 114% year-over-year revenue spike in fiscal year 2025, NVIDIA Corporation (NASDAQ:NVDA) has demonstrated impressive revenue growth, reaching $130.5 billion.
Overall, NVDA ranks 2nd on our list of billionaire Ken Fisher's top growth stock picks. While we acknowledge the potential of NVDA 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 NVDA but that trades at less than 5 times its earnings check out our report about the
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Disclosure: None. This article is originally published at Insider Monkey.