Billionaire Rob Citrone's top stock picks include Vista Energy S.A.B. de C.V., showing positive potential.
From Yahoo Finance: 2025-04-21 10:16:00
The article discusses billionaire Rob Citrone’s top 10 stock picks, including Vista Energy S.A.B. de C.V. (NYSE: VIST). Citrone, co-founder of Discovery Capital Management, has seen significant returns in the past year, doubling assets under management to $1.5 billion by Q4 2024. His bearish stance earlier this year reflects caution in the market.
Investors closely follow Citrone’s comments on market conditions, especially post-Trump tariffs. Despite being bearish, Citrone remains optimistic about Latin America, particularly Argentina’s potential. He expects a shallower US recession and strong growth in the latter half of the year.
Vista Energy S.A.B. de C.V. (NYSE: VIST) reported impressive growth in production and revenues in Q4 2024. Citrone has held a substantial stake in VIST since 2022, with a Strong Buy rating and positive price targets. While VIST ranks 4th on Citrone’s list, AI stocks may offer greater potential returns in a shorter timeframe.
The compilation of Citrone’s top stock picks is based on Discovery Capital Management’s Q4 2024 SEC filings. The strategy of mimicking top hedge fund picks has shown to outperform the market significantly. The article emphasizes the potential of AI stocks for higher returns, with a focus on VIST and other investment opportunities.