Among Unknown Billionaire Phill Gross’ Stock Picks with Huge Upside Potential

From Yahoo Finance: 2025-05-05 10:10:00

Unknown Billionaire Phill Gross’ stock picks with huge upside potential were recently listed. Janux Therapeutics, Inc. (NASDAQ:JANX) is one of these picks. Gross is a Co-founder of Adage Capital Management, known for outperforming market benchmarks. Gross brings deep healthcare investing experience and philanthropic involvement to the table.

Adage Capital Management’s latest 13F filing reported $57.19 billion in managed securities, with top 10 holdings comprising 31.7% of the total portfolio. Janux Therapeutics, Inc. (NASDAQ:JANX) is a clinical-stage biopharmaceutical company with substantial financial reserves and a focus on innovative immunotherapies targeting tumor-specific immune responses.

In Q4 2024, Adage Capital Management significantly increased its investment in Janux Therapeutics, Inc. (NASDAQ:JANX) to over 3 million shares, a 48% rise from the previous quarter. Despite increased expenditures, Janux reported a net loss, reflecting strategic investments in research and development. JANX ranks 1st on the list of Gross’ stock picks with high upside potential.

Overall, the focus on AI stocks for higher returns within a shorter timeframe is highlighted. JANX is recognized as a promising investment, but the potential of AI stocks is emphasized. An AI stock with significant gains since the beginning of 2025 is recommended for those seeking promising investments.

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