2 billionaire favorite growth stocks to buy now

Growth Stocks Overview - Growth stocks are known for delivering above-average revenue and earnings, making them popular among investors, including billionaires [1] - These stocks are favored due to their future growth prospects [1] Amazon (NASDAQ: AMZN) - Amazon is a strong investment choice due to its dominant position in e-commerce and consistent expansion, including initiatives like same-day delivery and pharmacy services [3] - The company is also a key player in AI and cloud computing through AWS [3] - Billionaire investors like Philippe Laffont's Coatue Management hold significant stakes in Amazon, with 11.27 million shares as of September 30, 2024, accounting for nearly 8% of the fund's portfolio [4] - Warren Buffett of Berkshire Hathaway also holds a stake in Amazon, reflecting on his earlier missed opportunity to invest in the company [4] - As of reporting, Amazon's stock price was $234.36, up almost 2% in the last 24 hours and over 6% in 2025 [5] Microsoft Corporation (NASDAQ: MSFT) - Microsoft is favored by billionaire investors due to its advancements in AI and cloud computing [7] - Stanley Druckenmiller, a renowned hedge fund manager, has highlighted Microsoft's potential in AI, comparing it to past technological breakthroughs like the rise of the internet [7] - Wall Street analysts, including Wedbush's Daniel Ives, have reiterated an 'Outperform' rating for Microsoft with a $550 price target, citing the company's AI initiatives [8] - Tiger Global Management, led by Chase Coleman, holds 5.34 million shares of Microsoft worth $2.3 billion as of September 30, 2024, making up 9.81% of its portfolio [8] - Microsoft's stock price was $441.42 at press time, up over 3% in the last 24 hours and 5% year-to-date [9] Investment Opportunities - Amazon and Microsoft offer strong investment opportunities based on their fundamentals and growth potential [11] - The fact that top investors favor these stocks is a significant vote of confidence, making them worth considering for a diversified portfolio [11]