From Yahoo Finance: 2025-03-30 08:38:00

SRS Investment Management, founded by Karthik Sarma in 2006, focuses on diverse investments across various industries. The firm employs a research-driven approach to identify promising opportunities in global markets, emphasizing thorough due diligence and analytical strategies to generate sustainable returns. SRS also runs a Focused Investment Program targeting undervalued securities.

Karthik Sarma, an Indian billionaire hedge fund manager, founded SRS Investment Management in 2006. With a background in finance and investment, Sarma has been a key figure in the hedge fund industry. His firm reported overseeing approximately $7 billion in 13F securities for the fourth quarter of 2024, with top ten holdings accounting for 92.05% of total assets.

PDD Holdings Inc. (NASDAQ:PDD) reported a strong financial performance for the fourth quarter of 2024, with a 59% year-over-year increase in revenue. Despite missing revenue expectations, the company remains focused on long-term growth and strategic initiatives. With a solid financial foundation, PDD continues to invest in its platform and expansion efforts.

SRS Investment Management holds a stake of over $394 million in PDD Holdings Inc., ranking it sixth on the list of top stocks to buy according to the hedge fund. PDD’s strategic focus on ecosystem development, merchant support, and international expansion positions it as a formidable player in the e-commerce industry. GreenWood Investors highlighted PDD in its Q4 2024 investor letter.

PDD ranks 6th on the list of top stocks to buy according to SRS Investment Management. While acknowledging PDD’s potential, some AI stocks may offer greater promise for higher returns within a shorter time frame. Investors seeking opportunities in the AI sector should consider exploring alternative options for potential gains.

Read more: Is PDD Holdings Inc. (PDD) the Top Stock to Buy According to SRS Investment Management?