The stocks powering tomorrow
Meet the companies building the future—while it's still being built
- Companies with >30% revenue from AI products/services
- Critical AI infrastructure providers (chips, cloud, data centers)
- Market leaders in AI implementation
- Top 20 AI-focused companies by major research firms
NVIDIA Corporation - Common Stock
NVIDIA is the dominant player in the high-growth AI and accelerated computing market, driven by its leading GPU technology and robust software ecosystem. The company demonstrates strong financial performance and continues to innovate, but its premium valuation suggests high market expectations.
Microsoft Corporation - Common Stock
Microsoft is a technology giant dominating the software, cloud computing, and gaming sectors. Its robust Azure cloud platform, pervasive Office 365 ecosystem, and strategic investments in AI position it for continued growth and profitability. The company benefits from strong enterprise relationships and a highly defensible business model, but faces intense competition and regulatory scrutiny.
Alphabet Inc. - Class A Common Stock
Alphabet Inc. is a dominant force in digital advertising, search, and cloud computing, powered by a strong ecosystem and leading AI capabilities. The business model is robust, generating substantial free cash flow, but future growth hinges on successful AI monetization and navigating increasing regulatory scrutiny.
Amazon.com, Inc. - Common Stock
Amazon.com, Inc. is a dominant force in e-commerce, cloud computing, and digital advertising. Its expansive global logistics network and AWS's market-leading position provide a robust foundation, driving consistent revenue growth and expanding profitability. The company's customer-centric approach and continuous innovation sustain its competitive edge.
Taiwan Semiconductor Manufacturing Company Ltd.
TSM is the undisputed global leader in advanced semiconductor manufacturing, critical for AI and high-performance computing. Its proprietary technology and massive scale create significant barriers to entry, driving strong profitability. However, geopolitical tensions and intense capital expenditure requirements present ongoing challenges.
Advanced Micro Devices, Inc. - Common Stock
Advanced Micro Devices is a leading semiconductor company capitalizing on robust demand across data centers, PCs, and gaming. Its strong position in high-growth markets like AI and high-performance computing makes it a fundamentally sound business. However, intense competition and cyclical industry dynamics present ongoing challenges.
Broadcom Inc. - Common Stock
Broadcom is a high-quality semiconductor and infrastructure software company with a hybrid business model providing both growth and recurring revenue. Its strong position in AI-driven chips and strategic acquisitions, like VMware, bolster its market leadership and diversification. The business exhibits robust profitability and cash flow generation, although future growth hinges on sustained innovation and successful integration of new businesses.
Super Micro Computer, Inc. - Common Stock
Super Micro Computer, Inc. is a leading provider of server and storage solutions, particularly strong in high-growth areas like AI, cloud computing, and 5G. The company leverages a modular and open-standard architecture to deliver specialized systems. While the business model is solid and aligned with key technological megatrends, recent financial performance shows some deceleration.
Snowflake Inc. Common Stock
Snowflake is a leading cloud-native data platform, providing critical infrastructure for data consolidation, analytics, and AI. Its consumption-based model offers flexibility but ties revenue to customer usage, which can be volatile. The business model is fundamentally strong, but growth rates are moderating as the market matures.
Micron Technology, Inc. - Common Stock
Micron Technology is a leading global supplier of memory and storage products, primarily DRAM and NAND, serving diverse markets like data centers and mobile. The company exhibits strong profitability with significant revenue growth recently. Its focus on advanced memory technologies positions it well in a cyclical but essential industry.
Salesforce, Inc. Common Stock
Salesforce is a dominant cloud-based CRM provider with strong recurring revenue and a comprehensive product suite. Its strategic focus on AI and data integration positions it for continued innovation, but it faces challenges from intense competition and the need to effectively monetize new technologies while maintaining growth at scale.
Adobe Inc. - Common Stock
Adobe Inc. is a leading technology company delivering essential software for creative professionals and businesses globally. Its strong subscription-based model for Digital Media products like Photoshop and Acrobat ensures consistent, high-margin revenue, positioning it as a dominant player in its core markets. The company is strategically focused on integrating generative AI to enhance its offerings.
ServiceNow, Inc. Common Stock
ServiceNow, Inc. is a leading provider of cloud-based digital workflow solutions, particularly strong in IT service management. Its Software-as-a-Service (SaaS) model drives recurring revenue and high gross margins, establishing it as a high-quality business with a sticky customer base. The company continues to innovate, expanding into new functional areas beyond IT.
C3.ai, Inc. Class A Common Stock
C3.ai is an enterprise AI software company specializing in a comprehensive platform and applications. While it has established strategic partnerships and targets growing markets, the company operates at a significant net loss, signaling a challenging path toward profitability.
Tesla, Inc. - Common Stock
Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and energy generation/storage systems. It is a leader in EV technology and autonomous driving, benefiting from a strong brand and vertical integration. While growth has been impressive, recent financial results show a slowdown, indicating increasing competition and market maturity.
Tencent Holdings Limited
Tencent is a dominant internet company in China, primarily making money from social platforms, online games, and fintech services. Its robust ecosystem creates strong user engagement and data moats, but it operates in a highly regulated and competitive environment. The business model is solid, but growth is influenced by macro factors and policy.
Alibaba Group Holding Limited
Alibaba Group Holding Limited is a dominant force in China's e-commerce and cloud computing sectors, providing critical technology infrastructure and marketing reach. The company demonstrates strong market leadership and diversified revenue streams, but faces intensifying competition and regulatory scrutiny.
Baidu, Inc.
Baidu is a leading Chinese internet and AI company, transitioning from a search engine giant to a diversified technology leader with strong positions in AI cloud, autonomous driving, and online entertainment. Despite a challenging regulatory environment, its technological prowess in AI underpins future growth potential.
SenseTime Group Inc.
SenseTime Group Inc. is a leading Chinese AI software company specializing in computer vision and other advanced AI technologies. While demonstrating strong revenue growth, the company is currently operating at a significant loss, reflecting heavy investment in research and development. Its strategic focus on enterprise and smart city solutions positions it within a high-growth market.
Intel Corporation - Common Stock
Intel Corporation is navigating a challenging period, transitioning its core business while investing heavily in foundry services and AI. Despite historical dominance, recent financial performance shows some headwinds, with efforts focused on reclaiming technological leadership and diversifying revenue streams. The company's long-term success hinges on effective execution of its 'IDM 2.0' strategy amidst intense competition.
QUALCOMM Incorporated - Common Stock
Qualcomm is a dominant player in wireless technology, designing chips for smartphones, automotive, and IoT. The company's strength lies in its extensive patent portfolio for 3G, 4G, and 5G, coupled with growing diversification into high-growth automotive and IoT segments. Record QCT revenues in fiscal 2025 underscore its robust business model and strategic execution.
Arm Holdings plc - American Depositary Shares
Arm Holdings maintains a dominant position in the global semiconductor IP market, particularly for mobile and embedded devices, through its energy-efficient architecture and robust licensing model. The business exhibits high margins and is strategically expanding into high-growth areas like data centers and AI, leveraging its foundational technology.
Oracle Corporation Common Stock
Oracle Corporation is a dominant force in enterprise software and cloud services, transitioning effectively from on-premise licenses to a robust cloud infrastructure (OCI) and applications. Its strong recurring revenue model and strategic acquisitions like Cerner solidify its market position, though competitive pressures remain high.
International Business Machines Corporation Common Stock
IBM is undergoing a significant transformation, pivoting towards hybrid cloud and AI solutions. Leveraging deep enterprise client relationships, the company aims to capitalize on burgeoning demand for integrated digital and AI transformations. While showing promising growth in strategic areas, it navigates the challenge of shedding legacy businesses in a competitive and rapidly evolving technology landscape.
Equinix, Inc. - Common Stock
Equinix is a leading global data center REIT, providing essential digital infrastructure for interconnected ecosystems. Its vast network underpins cloud, IT, and financial services, positioning it strongly for sustained growth amidst increasing digital transformation and rising AI demand. The business model is robust, characterized by recurring revenue.
Arista Networks, Inc. Common Stock
Arista Networks is a leading provider of high-performance cloud networking solutions, particularly strong in data center and AI environments. Its differentiated Extensible Operating System (EOS) and focus on large enterprise and cloud customers ensure robust profitability and continued market leadership in critical digital infrastructure.
Dell Technologies Inc. Class C Common Stock
Dell Technologies is a leading provider of essential technology solutions, focusing on personal computers and enterprise infrastructure. While navigating a dynamic market, its strong position in key segments and increasing AI server orders suggest a resilient business model. The company's comprehensive product and service offerings support steady performance.
Vertiv Holdings, LLC Class A Common Stock
Vertiv Holdings Co is a leading player in the critical digital infrastructure market, providing essential power and thermal management solutions for data centers and communication networks. The company benefits from strong demand drivers like AI and cloud computing, which fuel its product and service segments. Its focused strategy and ongoing innovation in high-density cooling position it well for continued growth. However, intense competition and potential supply chain vulnerabilities remain key challenges for this rapidly expanding business.
Intuitive Surgical, Inc. - Common Stock
Intuitive Surgical (ISRG) is the dominant player in robotic-assisted surgery, leveraging its da Vinci Surgical System and Ion endoluminal system to drive strong revenue and profit growth. Its comprehensive ecosystem of instruments, services, and training solidifies its market leadership, while continuous innovation propels expansion into new procedures.
Recursion Pharmaceuticals, Inc. - Class A Common Stock
Recursion Pharmaceuticals is a clinical-stage TechBio company that leverages an AI-driven platform to industrialize drug discovery. While possessing a promising pipeline and strategic partnerships, it has yet to bring a drug to market and faces substantial R&D expenses and operating losses.
SoundHound AI, Inc. - Class A Common Stock
SoundHound AI is a pure-play voice AI company offering solutions for diverse industries. It currently prioritizes market penetration and growth, operating at a loss, reflecting its position as a speculative, high-potential investment in the rapidly evolving conversational AI market.
UiPath, Inc. Class A Common Stock
UiPath is a prominent leader in the rapidly evolving robotic process automation (RPA) market, offering a comprehensive platform enhanced with AI capabilities. While it demonstrates strong gross margins and recently achieved positive net income on a TTM basis, the company navigates an intensely competitive landscape. Its current valuation reflects a market balancing growth potential against competitive pressures and macroeconomic headwinds.
Datadog, Inc. - Class A Common Stock
Datadog, Inc. is a leading provider of cloud observability and security solutions, offering a unified platform for monitoring complex IT environments. The company demonstrates robust revenue growth and a strong competitive position driven by its integrated product suite and continuous innovation. However, the business faces challenges related to its high valuation and the impact of substantial stock-based compensation on GAAP profitability.
MongoDB, Inc. - Class A Common Stock
MongoDB is a leading provider of a general-purpose database platform, offering flexibility and scalability for modern applications. Its Atlas cloud-native database-as-a-service (DBaaS) is driving significant growth. While the business model is robust, the company continues to operate at a net loss, focusing on market share expansion.
Cloudflare, Inc. Class A Common Stock
Cloudflare, Inc. (NET) provides essential cloud-based security, performance, and developer services, leveraging a vast global network. The company offers a unified platform that helps businesses secure their online assets and enhance internet speed and reliability. Its innovative edge computing capabilities and broad product suite position it as a leader in rapidly evolving markets.
CrowdStrike Holdings, Inc. - Class A Common Stock
CrowdStrike dominates the cloud cybersecurity market with its Falcon platform, offering comprehensive protection for endpoints, cloud workloads, and identity. Its subscription-based SaaS model drives strong recurring revenue and high gross margins, though the company is currently operating at a net loss as it invests heavily in growth and R&D to maintain its competitive edge in a rapidly evolving threat landscape.
Palo Alto Networks, Inc. - Common Stock
Palo Alto Networks is a leading cybersecurity platform provider, offering integrated solutions across network, cloud, and security operations. The company's focus on platformization and AI-driven security distinguishes it in a complex market, driving consistent revenue growth and securing a large enterprise customer base.
Warner Bros. Discovery, Inc. - Series A Common Stock
Warner Bros. Discovery is a diversified global media and entertainment company with extensive content, studio assets, and streaming services. The business model is robust, leveraging intellectual property across multiple platforms, but it faces significant industry disruption and high debt levels from past mergers.
ASML Holding N.V. - New York Registry Shares
ASML is the undisputed leader in lithography equipment, a critical technology for advanced semiconductor manufacturing. Its proprietary EUV technology is indispensable for leading-edge chip production. While exposed to industry cyclicality and geopolitical risks, ASML's deep technological moat and strategic importance underpin its high-quality business model.
Lam Research Corporation - Common Stock
Lam Research is a leading semiconductor equipment manufacturer specializing in deposition and etch processes critical for integrated circuit fabrication. The company boasts strong market share in a vital industry driven by AI and memory chip demand, but its cyclical nature and exposure to global trade policies present inherent risks.
Applied Materials, Inc. - Common Stock
Applied Materials is the dominant global supplier of semiconductor manufacturing equipment, providing crucial materials engineering solutions across the wafer fabrication process. Its extensive portfolio and strong market leadership in key areas like deposition make it a foundational technology provider to the semiconductor industry. While cyclical demand impacts short-term performance, its long-term prospects are tied to the pervasive growth of digital technologies and the increasing complexity of chip manufacturing.
Synopsys, Inc. - Common Stock
Synopsys is a leading provider of electronic design automation (EDA) software and intellectual property (IP) solutions critical for semiconductor and electronics industries. Its robust portfolio benefits from the increasing complexity of chip design and the convergence of semiconductor and systems companies, indicating a strong foundational business.
Cadence Design Systems, Inc. - Common Stock
Cadence Design Systems is a foundational technology company providing essential software and hardware for designing complex integrated circuits. Its strong market position in Electronic Design Automation (EDA) and intellectual property (IP) is driven by persistent demand for advanced semiconductor solutions, making it a high-quality business.
GDS Holdings Limited - American Depositary Shares
GDS Holdings is a pivotal player in China's data center market, delivering colocation and managed services primarily to hyperscale cloud providers. The company demonstrates robust revenue growth, but this is balanced by high debt levels and variable profitability, characteristic of a rapidly expanding yet capital-intensive industry.
Illumina, Inc. - Common Stock
Illumina is a global leader in genetic and genomic analysis, providing essential sequencing and array-based solutions. The company boasts a robust business model driven by recurring consumable sales, underpinning its strong market position. While facing intense competition and integration challenges from acquisitions, its core technology remains pivotal for both research and clinical applications.
Applied Digital Corporation - Common Stock
Applied Digital operates digital infrastructure for high-performance computing (HPC) and AI, including services for crypto mining. The company is rapidly expanding its data center capacity, especially in the growing AI sector, positioning itself in a high-demand market. However, it is currently unprofitable, carrying significant debt, and experiences high stock volatility.
Credo Technology Group Holding Ltd - Ordinary Shares
Credo Technology Group Holding Ltd. provides high-speed connectivity solutions, demonstrating strong revenue growth and improved profitability. The demand for its optical and electrical Ethernet and PCIe products, particularly from hyperscalers and data center customers, is a key driver. Its specialized SerDes IP and active electrical cables offer critical performance advantages.
Meta Platforms, Inc. - Class A Common Stock
Meta Platforms is a dominant force in social media and digital advertising, leveraging its vast user base and advanced AI. The company is actively investing in the metaverse through Reality Labs, representing a long-term strategic pivot. While its core business remains highly profitable, the metaverse venture presents both significant future potential and substantial near-term financial commitment.
Apple Inc. - Common Stock
Apple Inc. is a dominant technology company known for its premium hardware, integrated software, and expanding services. Its powerful brand and loyal customer base drive significant profitability and market capitalization, making it a high-quality business with consistent cash flow generation.
MARA Holdings, Inc. - Common Stock
MARA Holdings, Inc. is a digital asset technology company focused on Bitcoin mining and data center operations. The business model is highly sensitive to Bitcoin price fluctuations and mining difficulty. Recent financials indicate profitability, but the capital-intensive nature and market volatility present ongoing challenges.
Riot Platforms, Inc. - Common Stock
Riot Platforms is a key player in Bitcoin mining, leveraging large-scale facilities and engineering expertise to support its operations and offer infrastructure services to external clients. Despite its significant revenue growth, the company operates in a highly volatile sector, making its financial performance largely dependent on cryptocurrency market dynamics.
Marvell Technology, Inc. - Common Stock
Marvell Technology, Inc. is a leading provider of data infrastructure semiconductor solutions, with a strong focus on data centers, networking, and storage. Its diverse portfolio and strategic acquisitions underscore a robust business model poised for growth in an increasingly data-driven global economy.
Okta, Inc. - Class A Common Stock
Okta is a leader in identity and access management, a critical and growing segment of cybersecurity. The company has demonstrated a path to profitability and positive free cash flow. Its cloud-native platform and comprehensive product suite position it well in an evolving threat landscape.
Fortinet, Inc. - Common Stock
Fortinet is a leading cybersecurity provider offering a broad platform of networking and security solutions to a large customer base. The company generates a significant portion of its revenue from subscriptions and support services, indicating a strong recurring revenue model. Despite strong fundamentals, recent financial performance shows some deceleration in growth and earnings.
Autodesk, Inc. - Common Stock
Autodesk, a leader in 3D design and engineering software, maintains strong recurring revenue from its subscription model, underpinning robust gross and operating margins. While facing competitive pressures and the need for continuous innovation in AI and cloud, its diversified portfolio across AEC, manufacturing, and media industries provides a solid foundation.
Synaptics Incorporated - Common Stock
Synaptics is a leading developer of human interface solutions and IoT semiconductor products, serving diverse applications from mobile to automotive. While positioned in growing markets like Edge AI, the company currently faces profitability challenges as evidenced by recent net losses and declining revenue, indicating a period of strategic adjustments and market headwinds.
Monolithic Power Systems, Inc. - Common Stock
Monolithic Power Systems is a high-quality semiconductor company specializing in power management solutions across diverse markets. Driven by proprietary technology and a fabless model, it exhibits strong profitability and growth. The business model is robust, focused on energy-efficient ICs critical for modern electronics.
Veeva Systems Inc. Class A Common Stock
Veeva is a dominant cloud software provider for the life sciences industry, offering specialized solutions across R&D and commercial operations. Its subscription-based model ensures recurring, high-margin revenue. The company maintains a strong competitive position despite intensifying competition, driven by deep domain expertise and a comprehensive platform.
Zscaler, Inc. - Common Stock
Zscaler is a leader in cloud security, providing cyberthreat protection and data security through its Zero Trust Exchange platform. The company's business model is robust, driven by the accelerating global adoption of cloud services and the critical need for advanced cybersecurity solutions in modern enterprises.
CDW Corporation - Common Stock
CDW is a leading IT solutions provider with a diversified business model serving various sectors, offering resilience amidst evolving technology demands. Its strong client relationships and comprehensive portfolio underpin its fundamental business strength.
HubSpot, Inc. Common Stock
HubSpot, Inc. offers a comprehensive cloud-based CRM platform essential for mid-market businesses. The company shows robust revenue growth driven by its expanding product suite. While operating near breakeven after significant investments, its integrated ecosystem provides a strong value proposition to its diverse customer base.
Unity Software Inc. Common Stock
Unity Software Inc. is a leading platform for creating and operating real-time 3D content, particularly dominant in mobile gaming. While possessing strong technology and a vast developer ecosystem, the company faces ongoing challenges in achieving consistent profitability amidst a competitive landscape and recent strategic shifts.
Roblox Corporation Class A Common Stock
Roblox is a leading immersive platform focused on connection and communication, primarily through user-generated 3D experiences. It boasts a massive and engaged user base, particularly among younger demographics. While the business model is solid, generating revenue from in-app purchases, it faces ongoing challenges in diversifying its monetization strategies and achieving consistent profitability.
Duolingo, Inc. - Class A Common Stock
Duolingo is a market leader in gamified language learning, driven by a massive user base and innovative AI integration. It has successfully transitioned to profitability with strong subscription growth, but faces ongoing challenges from competitive intensity and potential user quality concerns.
Upstart Holdings, Inc. - Common stock
Upstart is an AI-powered lending platform disrupting traditional credit assessment. It focuses on expanding into new loan products and achieving GAAP profitability, aiming for high growth while continuously improving its credit assessment models.
ZIM Integrated Shipping Services Ltd. Ordinary Shares
ZIM Integrated Shipping Services Ltd. is a global container shipping company facing volatile freight rates and oversupply challenges. Despite these headwinds, the company has shown resilience, reporting profitability for the first nine months of 2025 and strategically modernizing its fleet. Its agile operational model and focus on niche markets offer a differentiated approach in a capital-intensive industry.
So-Young International Inc. - American Depository Shares
So-Young International Inc. operates a leading online platform for consumption healthcare services in China, particularly medical aesthetics. Despite a comprehensive service offering and strong market position, the company currently faces profitability challenges, reflected in its negative net income and operating margins.
Atlassian Corporation - Class A Common Stock
Atlassian Corporation is a leading provider of collaboration software, offering a robust suite of products like Jira and Confluence that are integral to team productivity. The company's focus on cloud migration and AI integration positions it well within its market, despite current unprofitability. Its business model, driven by subscriptions, indicates strong recurring revenue potential.
Canadian Solar Inc. - Common Shares
Canadian Solar is a vertically integrated solar energy and battery storage provider, navigating a dynamic market with strong positions in both module manufacturing and project development. Despite recent profitability challenges, its diversified business model offers inherent resilience and potential for long-term growth in the renewable energy sector.
Enphase Energy, Inc. - Common Stock
Enphase Energy is a technology leader in home energy solutions, specializing in solar microinverters, battery storage, and EV charging. The company leverages its semiconductor-based technology to provide integrated and reliable systems for homeowners. Despite a strong fundamental business, it operates in a cyclical industry currently facing demand softness and competitive headwinds. Its focus on product innovation and ecosystem expansion remains key.
HP Inc. Common Stock
HP Inc. is a global leader in personal computing and printing, navigating a dynamic market with a strong brand and extensive channel partnerships. While facing memory pricing pressures, its core businesses remain foundational, supported by a significant install base. The company continues to invest in hybrid work solutions and 3D printing for future growth.