From Yahoo Finance: 2025-03-29 19:19:00

David Tepper’s investment theme includes buying “everything” related to China despite uncertainties amid trade tensions with the US. Tepper remains optimistic about China’s economy rebounding from the COVID-19 slowdown, leading to significant exposure in Chinese equities in his portfolio.

With China’s economy exceeding expectations with 5.4% growth in Q4 2024, investors are anticipating further fiscal stimulus to boost sectors like real estate and consumer demand. Tepper’s focus on Chinese equities is contrary to fears of US-China trade tensions impacting markets, emphasizing the need for risk management amid ongoing trade disputes.

US equities face pressure in Q1 2025 due to trade war uncertainties and the Federal Reserve’s reluctance to cut interest rates, leading to a nearly 3% decline in the S&P 500. Disappointing financial results and weak guidance contribute to the selloff, reflecting concerns about a broad economic slowdown impacting companies.

Analysts express caution about US corporate profits in Q1 2025 due to Trump administration policies potentially sparking a global trade conflict. S&P 500 performance predictions have decreased by 4.5 percentage points, with earnings growth projected at 7.7%, the lowest rate since Q3 2023. Concerns about tariffs and economic slowdown loom over market sentiment.

Appaloosa Management LP’s focus on Chinese equities reflects a contrarian view in the market, with Tepper emphasizing the importance of risk management amid trade wars. The hedge fund’s exposure to Chinese stocks has paid off as Beijing’s stimulus measures drive economic growth. Tepper remains invested in bull markets and advocates for calmness during market downturns.

Uber Technologies, Inc. (UBER) ranks 9th in David Tepper’s growth stock portfolio, with strong financial performance driven by revenue growth and user expansion. Despite UBER’s potential, Tepper sees greater promise in AI stocks for higher returns in a shorter time frame. Collaborations and autonomous vehicle initiatives strengthen UBER’s growth prospects.



Read more at Yahoo Finance: Is Uber Technologies, Inc. (UBER) the Top Growth Stock in David Tepper’s Portfolio?