Is Tesla (TSLA) the Best NASDAQ Stock to Buy According to Billionaires?

From Yahoo Finance: 2025-05-02 17:41:00

The US economy contracted at an annualized rate of 0.3% in the first quarter of 2025, with tariff uncertainty as a key factor. NASDAQ slipped 0.09% on May 1, closing at 17,446.34. Tom Lee predicts market trajectory amid tariffs, highlighting potential outcomes for 2025 and 2026.

Tesla, Inc. (TSLA) is one of the best NASDAQ stocks to buy according to billionaires. With 126 hedge funds and 21 billionaire investors, TSLA’s value of billionaire holdings is $8,091,654,641. The company’s growth opportunities in autonomous vehicles and emerging technologies present significant potential for margins beyond the electric vehicle market.

Baron Partners Fund sees promise in Tesla, Inc. (TSLA) due to growth in the energy segment, new model launches, and AI initiatives. TSLA ranks 9th on the list of best NASDAQ stocks to buy according to billionaires. While TSLA shows growth potential, AI stocks are believed to offer higher returns in a shorter time frame.

Investors are advised to explore AI stocks for potential higher returns. An AI stock that has shown promise in 2025 is highlighted, offering a significant upside potential. The focus is on AI stocks that trade at less than 5 times earnings for better investment opportunities in the current market climate.



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