Among Billionaire Cliff Asness’ Stock Picks with Huge Upside Potential
From Yahoo Finance: 2025-04-30 11:19:00
Billionaire Cliff Asness’ 10 Stock Picks with Huge Upside Potential includes PayPal Holdings, Inc. (PYPL). Asness, of AQR Capital Management, saw his fund return 43.5% in 2022. In Q1 2025, AQR outperformed the market by 9%. Asness expressed skepticism about Bitcoin, calling it a potential bubble. President Trump’s proposed cryptocurrency reserve drew criticism from Asness.
AQR Capital Management’s Q4 2024 filings revealed Asness’ stock picks with high upside potential. These stocks are favored by top hedge funds due to their outperformance. PayPal Holdings, Inc. (PYPL) has a $258.1 million stake from AQR, with a 30.43% upside potential as of April 26. The company’s active accounts exceed 432 million worldwide, with a strong growth trajectory in 2024.
Wedgewood Partners noted in its Q1 2025 investor letter that PayPal Holdings, Inc. (PYPL) was a leading detractor from performance, despite healthy growth. The company’s reinvestment initiatives and share repurchases bode well for future growth. While PYPL ranks 5th in Asness’ picks, other AI stocks may offer greater returns. Consider exploring promising AI stocks trading at low valuations for potential gains.
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