From Yahoo Finance: 2025-05-05 11:22:00

In a recent article, we explore Coupang, Inc. (CPNG) and its position among high growth stocks. The global economy in 2025 is expected to see modest growth, with varying projections for US, Eurozone, and China GDP. Rising productivity from AI and emerging tech offers promise, especially for the US market. Policy is shifting towards fiscal, favoring equities like American stocks. Hedge funds saw remarkable gains in 2024, outperforming the market with an average return of 10.7%, driven by market turbulence and policy shifts. Some hedge funds, like Light Street Capital and Discovery Capital, saw significant returns. The rise of AI reshapes the market, concentrating returns in a few big tech names, while private capital is in demand despite potential interest rate pressures.

Coupang, Inc. (NYSE:CPNG) is a retail and e-commerce company offering various services across Asia and the US. It reported $8 billion in revenue for Q4 2024, up 21% from the previous year, with gross profit increasing 48% to $2.5 billion. Insider Monkey’s database shows 87 hedge funds bullish on CPNG, up from 56 in the prior quarter. While CPNG ranks 10th among high growth companies hedge funds are buying, our focus is on AI stocks for potentially higher returns in a shorter timeframe.

The Finviz screener was used to filter out high-growth stocks, resulting in 15 companies with the highest hedge fund sentiment. Following hedge funds can lead to outperforming the market. Coupang, Inc. (CPNG) ranks 10th among these companies, with 87 hedge fund holders and an average 5-year revenue growth of 38.16%. Durable Capital Partners holds the largest stake in CPNG, with 28.6 million shares valued at $629.4 million. Investors can explore AI stocks for promising returns, with potential opportunities outperforming CPNG in the market.

Read more: Among The High Growth Companies Hedge Funds Are Buying