Among the Best New Stocks to Buy According to Billionaires

From Yahoo Finance: 2025-04-27 15:52:00

In the first quarter of 2025, the global IPO market saw 291 IPOs totaling $29.3 billion, with the US having 59 listings. The market remains uncertain due to geopolitical shifts and tariff policies. EY Global reports a 20% growth in IPO value year-over-year, with the Asia-Pacific market showing signs of recovery.

SharkNinja, Inc. (NYSE:SN) is a lifestyle solutions company with a market cap of $11.127 billion. It has 63 hedge fund holders and 13 billionaire investors with a total holding value of $202,286,932. The company’s innovative strategies have led to significant year-over-year growth and strong financial performance, making it one of the best new stocks to buy.

During fiscal Q4 of 2024, SharkNinja, Inc. (NYSE:SN) achieved a 29.7% increase in net sales, reaching $1.79 billion. Gross profit also rose 34.8% to $839.5 million. The company anticipates a 10% to 20% year-over-year growth in net sales. Munro Global Growth Small & Mid Cap Fund is positive about SN’s performance, contributing to fund growth.

Despite being ranked 3rd among the best new stocks to buy according to billionaires, SharkNinja, Inc. (NYSE:SN) faces competition from AI stocks. While SN shows potential for growth, AI stocks offer higher returns in a shorter timeframe. Investors seeking promising AI stocks should explore alternatives with significant upside potential.



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