Ken Fisher stocks remain in the limelight for those seeking success in the world of investments.
Renowned investor Ken Fisher, famed for his long-term investment strategy, has carved out a niche in the financial world. His firm, Fisher Asset Management, boasts a diversified portfolio of 930 stocks exceeding a value of $214.11 billion.
Fisher’s knack for making accurate market predictions, often against popular sentiment, makes his investment philosophy a beacon of hope in today’s unpredictable markets. His approach lays down a robust foundation for wealth creation in the current economic landscape.
With that in mind, let’s delve into three standout Ken Fisher stocks with substantial long-term growth potential, fortified by solid business models and a history of market outperformance.
Amazon (AMZN)
Amazon (NASDAQ: AMZN), the eCommerce juggernaut, has been on a remarkable growth trajectory over the past year. With a surge of over 28% year-to-date and more than 48% over the past year, the company’s stellar performance is underlined by various growth catalysts, especially in artificial intelligence (AI). Fisher’s confidence in Amazon is evident as he increased his stake by nearly 2% in Q1, now representing 3.9% of his entire portfolio.
Amazon’s robust fundamentals are as strong as ever, consistently surpassing revenue and profit estimates across five consecutive quarters. In Q1, the company reported a 13% YOY revenue increase to $143.3 billion, with exceptional performances in both North America and international markets.
Notably, Amazon’s cloud computing division, Amazon Web Services (AWS), experienced a 17% YOY revenue surge, driven by AI advancements. The company’s diversified growth strategy across segments like streaming, groceries, and advertising further cements its position as a market leader with enduring potential.
Microsoft (MSFT)
Microsoft (NASDAQ: MSFT), a tech giant riding high on the AI revolution, witnessed a 35% surge in the past year. Projections indicate that the company is poised for even greater growth, with estimates suggesting a substantial $63 billion investment in capital expenditures by FY2025.
Forecasts for Microsoft’s generative AI and Copilot products anticipate a revenue jump to nearly $38 billion by FY2027, a milestone that could significantly boost its bottom line. Microsoft’s Azure platform continues to gain ground on AWS, with potential additional revenue of $83 billion annually by FY2027. Fisher reflected his confidence in Microsoft by increasing his stake by 2.1% in Q1, now totaling 5.5% of his portfolio.
Walmart (WMT)
Walmart (NYSE: WMT), a prominent retail player known for offering competitive prices on a wide range of products, remains a steadfast performer. Despite economic fluctuations, Walmart has consistently outperformed its peers and adapted effectively to eCommerce and AI trends.
Financially stable, Walmart has increased its dividend payouts for 50 consecutive years, yielding over 1.2%. In Q1 FY2025, the company reported a 6% YOY sales growth, propelled by robust eCommerce and advertising sales, showing a remarkable 22.4% YOY increase in adjusted EPS.
Fisher’s confidence in Walmart was evident as he boosted his stake by an impressive 51% in recognition of its resilience and strategic positioning in the retail sector.