2 Monster Growth Stocks (1 Backed by Nvidia) to Buy Before They Soar 150% and 430%, According to a Wall Street Expert

Hedge fund manager Philippe Laffont expects Arm and MercadoLibre to generate monster returns in the next five years.

Billionaire Philippe Laffont is the founder and portfolio manager at Coatue Management, a hedge fund that outperformed the S&P 500 ( ^GSPC -0.21% ) by 120 percentage points in the last three years. Coatue curates the Fantastic 40 Growth & Innovation Index, which ranks public and private companies based on growth prospects through 2030.

The index, last updated in June 2025, currently shows buying opportunities in Arm Holdings ( ARM 0.53% ) and MercadoLibre ( MELI 0.64% ) , as follows:

Coatue says Arm will be worth $787 billion by 2030. That implies 430% upside from its current market value of $148 billion, which equates to annual returns of nearly 4