Equinox Gold Corp. (EQX): Among Billionaire John Paulson's Stocks with Huge Upside Potential
We recently published a list of Billionaire John Paulson's 10 Stocks with Huge Upside Potential. In this article, we are going to take a look at where Equinox Gold Corp. (NYSEAMERICAN:EQX) stands against Billionaire John Paulson's other stocks with huge upside potential.
John Alfred Paulson is an American billionaire hedge fund manager who founded Paulson & Co. in 1994. It is a New York-based fund management firm that specializes in private equity and hedge funds. Paulson graduated as valedictorian of his class with a summa cum laude distinction in finance from NYU's College of Business and Public Administration in 1978. He also pursued an MBA at Harvard Business School as a George F. Baker Scholar, which is a prestigious recognition awarded to the top 5% of his class. It's supported by the Sidney J. Weinberg/Goldman Sachs scholarship, which he earned in 1980. With a client base of 20, the firm's latest 13F filing for Q4 2024 revealed ~$1.65 billion in managed 13F securities and a top 10 holdings concentration of 98.55%.
The firm is known for its expertise in event-driven arbitrage strategies, such as merger arbitrage, bankruptcy reorganizations, and other corporate events. Paulson & Co. also pursues investments in distressed debt opportunities throughout the US and Western Europe, with the help of its strategic insights and extensive market experience. John Paulson is now also bullish on gold after 15 years and expects its price to reach ~$5,000 per ounce by 2028. He is the largest shareholder in Perpetua Resources. On April 29, Reuters reported that in a recent interview, Paulson reinforced that his conviction in gold is underpinned by the analysis of central bank buying trends and rising global trade tensions. He highlighted the inclination of central banks and individuals to seek stable stores of value now and suggested that gold will therefore enhance its global standing. Paulson believes that the Western confiscation of Russia's foreign reserve holdings following the Ukraine invasion is one of the reasons behind the anticipated appreciation of gold prices.
Our Methodology
To compile the list of billionaire John Paulson's 10 stocks with huge upside potential, we sifted through Q4 2024 13F filings of Paulson & Co. from Insider Monkey. From these filings, we checked each stock's upside potential from CNN and ranked the stocks in ascending order of this upside potential. We have also added Paulson & Co.'s stake in each company and the hedge fund sentiment around each stock.
Note: All data was sourced on May 2.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
29 minutes ago
- Bloomberg
Manhattan Renters Already Paying Record Prices Face More Hikes
Manhattan apartment rents reached yet another all-time high last month and are expected to keep rising as the market's most competitive season collides with the city's new broker-fee law. The median rent on new leases signed in May was $4,571, according to appraiser Miller Samuel Inc. and brokerage Douglas Elliman. It was the third record price reached in the past four months and exceeded the previous peak by $71.
Yahoo
29 minutes ago
- Yahoo
Democrat Congresswoman draws boos over 'shameful' sexism remark in committee hearing with Treasury Secretary
A House Ways and Means Committee hearing took an unexpected turn Wednesday when Rep. Linda Sanchez (D-CA) accused Treasury Secretary Scott Bessent of interrupting her because of her gender—prompting audible groans from the room. The exchange occurred during a tense five-minute questioning session, where Sanchez challenged Bessent on the impact of tariffs enacted under President Trump's administration. "Prices are rising on many everyday goods," Sanchez said, citing increases in clothing, shoes, canned food, toys, and household tools. She added, "On average, Trump's tariffs are estimated to cost households $3,000 more for the same goods than they would have last year," though she did not cite the source of the figure when pressed. Trump Says 'Total Reset Negotiated' With China During Tariff Talks In Geneva When Bessent attempted to interject, Sanchez quickly cut him off: "Please don't interrupt me… I know I'm a woman, but please try to limit yourself to answering my questions." That remark prompted groans from the hearing room, with one attendee audibly reacting, "Oh, come on." Sanchez responded: "No, I'm sorry, but we get talked over all the time, and I don't want that to happen at this hearing." Read On The Fox News App Bessent, who is openly gay, did not address the accusation and instead focused on defending the administration's trade policies. When Sanchez challenged him on pricing impacts and China's trade behavior, Bessent responded, "That's incorrect," and said, "They met their agreements under President Trump in 2020, and President Biden did not enforce them." Wh Slams Dems' 'Partisan Games' After Trump-foe Schiff Calls For Insider Trading Investigation Over Tariffs Sanchez repeatedly claimed that American consumers are paying more due to tariffs and described recent negotiations with China as rushed and lacking transparency. "A poorly negotiated trade deal with China is probably not worth the paper that it is written on," she said. "I was alarmed to hear this morning that Trump said the U.S.–China deal was done after just two days of talks in London." Bessent defended the agreement as an initial step. "The deal struck was for a specific goal, and it will be a much longer process," he said, adding, "China has proven an unreliable partner." The clash between Sanchez and Bessent was repeatedly moderated by Chairman Adrian Smith (R-NE), who reminded members of time limits and decorum throughout the article source: Democrat Congresswoman draws boos over 'shameful' sexism remark in committee hearing with Treasury Secretary
Yahoo
29 minutes ago
- Yahoo
Habitat for Humanity begins construction on Southfield housing duplex
The Brief Two families will occupy the duplex in the 20000 block of Westland Drive through the nonprofit Habitat for Humanity of Oakland County. Rochester Hills-based Foundation Systems of Michigan is partnering with the nonprofit to build a home for deserving families. The build marks the second Detroit-area build of 2025 for Habitat for Humanity. SOUTHFIELD, Mich. (FOX 2) - Construction started Wednesday for a good cause on a new Southfield affordable housing duplex. Two families will occupy the duplex in the 20000 block of Westland Drive through the nonprofit Habitat for Humanity of Oakland County. Local perspective Rochester Hills-based Foundation Systems of Michigan is partnering with the nonprofit to build a home for deserving families. "Oh, it's great. It's awesome. We get an opportunity to be able to volunteer our time and help," said Phil Puchalski, of Foundations Systems of Michigan. "I know it goes to a good cause, and it feels good to get out and do some work for people." The build marks the second Detroit-area build of 2025 for Habitat for Humanity. When complete, the duplex will be the fourth out of six similar homes on Westland Drive. "It's a great partnership to help the community and the people who will live here," said Bill Pacheco, Foundations Systems of Michigan. "There are some volunteer hours for the homeowner that purchases it." Big picture view The future homeowners will put in sweat equity, hundreds of volunteer hours to help build this duplex. Families in the program will also participate in numerous workshops and their income must fall in a certain range. The goal is to empower families through affordable homeownership and revitalizing the neighborhood. "It really does take a village, and we're so excited to have a village invested in the mission for Habitat for Humanity of Oakland County," said Ashley McKenna, of Habitat for Humanity of Oakland County. What's next The home is expected to be built by the end of the year. The Source Information from press release and interviews with Habitat for Humanity of Oakland County and Foundation Systems of Michigan was used while reporting the story.
