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Yahoo
30-04-2025
- Business
- Yahoo
Snowflake Inc. (SNOW): Among Billionaire Michael Platt's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Snowflake Inc. (NYSE:SNOW) stands against other billionaire Michael Platt's stock picks with huge upside potential. Michael Platt is the co-founder and CEO of BlueCrest Capital Management, which was founded in 2000 following his almost decade-long employment at JPMorgan. BlueCrest reached its height in 2013, when it became one of the world's largest hedge funds, managing more than $35 billion in assets. In 2015, in response to equity challenges and disappointing results that caused investor withdrawals, Platt converted the company into a family office. This strategy adjustment proved to be a game-changing decision for BlueCrest Capital Management. Since becoming a family office, the fund has generated impressive net returns, including 50% in 2016 and 54% in 2017. It has continued to succeed, delivering returns of at least 25% annually, including outstanding net returns of 95% in 2020 and 153% in 2022. Platt's aversion to the spotlight is almost as famous as is his financial competence. His last significant public appearance was more than a decade ago, to promote an art display featuring a life-size wax gorilla nailed to a wooden cross. Since then, he has shunned the media. Despite his preference for privacy, Platt has been involved in a number of regulatory disputes. BlueCrest has received hefty penalties from both the US Securities and Exchange Commission and the UK Financial Conduct Authority for conflicts of interest and other regulatory violations. However, these setbacks have had no impact on his financial or reputational status, owing to the fact that BlueCrest does not have any external clients. According to Forbes, Michael Platt is Britain's richest hedge fund manager, valued at over $18.8 billion as of December 2024, and is among just a handful who have managed to profit in 2025 despite the global stock market sell-off caused by President Trump's policies. According to Bloomberg, BlueCrest is already up 20% for the year, considering fees and costs. Platt allegedly employed aggressive leverage to take advantage of the increased volatility caused by President Trump's trade war, with BlueCrest currently on course to finish a decade of consecutive returns. For this article, we examined BlueCrest Capital Management's Q4 2024 13F filings to list down billionaire Cliff Asness' stock picks with the highest upside potential. We ranked the companies in ascending order of their upside potential. These equities are also popular among elite hedge funds. 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 (). A software engineer at work, surrounded by a wall of computer monitors connected to a 'Data Cloud' Inc. (NYSE:SNOW) is an American cloud-based data storage company that operates a platform built on Amazon Web Services, Microsoft Azure, and Google Cloud. This platform allows for data analysis and simultaneous access to extensive data sets with low latency. It also provides Snowflake Cortex with a set of AI capabilities that employ large language models to analyze unstructured data. Snowflake Inc. (NYSE:SNOW) reported better-than-expected fourth-quarter fiscal 2025 results, with earnings per share of $0.30 and revenues up 27% year-over-year to $986.8 million. The company predicts revenues of $955 million to $960 million in the first quarter of 2026, reflecting a 21% to 22% jump. On April 16, BTIG analyst Gray Powell reiterated his Buy rating on Snowflake Inc. (NYSE:SNOW) and set a steady price target of $220 on the company's shares. Powell's confidence stems from a group pre-quiet period call with Snowflake's Investor Relations team, during which they addressed the company's strategic position and future. Powell also highlighted Snowflake's innovative products, such as Snowpark, Iceberg Tables, and Dynamic Tables, which are projected to drive increased demand in fiscal year 2026. Overall, SNOW ranks 8th on our list of billionaire Michael Platt's stock picks with huge upside potential. While we acknowledge the potential for SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SNOW but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-04-2025
- Business
- Yahoo
GEO Group, Inc. (GEO): Among Billionaire Michael Platt's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where GEO Group, Inc. (NYSE:GEO) stands against other billionaire Michael Platt's stock picks with huge upside potential. Michael Platt is the co-founder and CEO of BlueCrest Capital Management, which was founded in 2000 following his almost decade-long employment at JPMorgan. BlueCrest reached its height in 2013, when it became one of the world's largest hedge funds, managing more than $35 billion in assets. In 2015, in response to equity challenges and disappointing results that caused investor withdrawals, Platt converted the company into a family office. This strategy adjustment proved to be a game-changing decision for BlueCrest Capital Management. Since becoming a family office, the fund has generated impressive net returns, including 50% in 2016 and 54% in 2017. It has continued to succeed, delivering returns of at least 25% annually, including outstanding net returns of 95% in 2020 and 153% in 2022. Platt's aversion to the spotlight is almost as famous as is his financial competence. His last significant public appearance was more than a decade ago, to promote an art display featuring a life-size wax gorilla nailed to a wooden cross. Since then, he has shunned the media. Despite his preference for privacy, Platt has been involved in a number of regulatory disputes. BlueCrest has received hefty penalties from both the US Securities and Exchange Commission and the UK Financial Conduct Authority for conflicts of interest and other regulatory violations. However, these setbacks have had no impact on his financial or reputational status, owing to the fact that BlueCrest does not have any external clients. According to Forbes, Michael Platt is Britain's richest hedge fund manager, valued at over $18.8 billion as of December 2024, and is among just a handful who have managed to profit in 2025 despite the global stock market sell-off caused by President Trump's policies. According to Bloomberg, BlueCrest is already up 20% for the year, considering fees and costs. Platt allegedly employed aggressive leverage to take advantage of the increased volatility caused by President Trump's trade war, with BlueCrest currently on course to finish a decade of consecutive returns. For this article, we examined BlueCrest Capital Management's Q4 2024 13F filings to list down billionaire Cliff Asness' stock picks with the highest upside potential. We ranked the companies in ascending order of their upside potential. These equities are also popular among elite hedge funds. 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 (). Security guards in uniforms patrolling an area, standing for the company's safe and secure GEO Group, Inc. (NYSE:GEO) engages in the financing, construction, and provision of services for processing centers, prisons, and community re-entry facilities. Its operations are organized into four segments: US Secure, Electronic Monitoring and Supervision, Re-Entry, and International Services. Noble Capital boosted its price target for The GEO Group, Inc. (NYSE:GEO) to $35 from $32 on March 25, maintaining an Outperform rating on the shares following the company's investor day. According to the firm, TheGEO Group, Inc. (NYSE:GEO) disclosed considerable growth prospects under its new efforts to manage undocumented immigrants on investor day. The GEO Group, Inc. (NYSE:GEO) recently announced a new contract with U.S. Immigration and Customs Enforcement (ICE) to establish a federal immigration processing center in Baldwin, Michigan. Under an anticipated long-term, multi-year deal, GEO's North Lake Facility will provide a variety of support services, including security, maintenance, food service, recreational amenities, medical treatment, and legal representation. Overall, GEO ranks 5th on our list of billionaire Michael Platt's stock picks with huge upside potential. While we acknowledge the potential for GEO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GEO but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
30-04-2025
- Business
- Yahoo
ON Semiconductor Corporation (ON): Among Billionaire Michael Platt's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where ON Semiconductor Corporation (NASDAQ:ON) stands against other billionaire Michael Platt's stock picks with huge upside potential. Michael Platt is the co-founder and CEO of BlueCrest Capital Management, which was founded in 2000 following his almost decade-long employment at JPMorgan. BlueCrest reached its height in 2013, when it became one of the world's largest hedge funds, managing more than $35 billion in assets. In 2015, in response to equity challenges and disappointing results that caused investor withdrawals, Platt converted the company into a family office. This strategy adjustment proved to be a game-changing decision for BlueCrest Capital Management. Since becoming a family office, the fund has generated impressive net returns, including 50% in 2016 and 54% in 2017. It has continued to succeed, delivering returns of at least 25% annually, including outstanding net returns of 95% in 2020 and 153% in 2022. Platt's aversion to the spotlight is almost as famous as is his financial competence. His last significant public appearance was more than a decade ago, to promote an art display featuring a life-size wax gorilla nailed to a wooden cross. Since then, he has shunned the media. Despite his preference for privacy, Platt has been involved in a number of regulatory disputes. BlueCrest has received hefty penalties from both the US Securities and Exchange Commission and the UK Financial Conduct Authority for conflicts of interest and other regulatory violations. However, these setbacks have had no impact on his financial or reputational status, owing to the fact that BlueCrest does not have any external clients. According to Forbes, Michael Platt is Britain's richest hedge fund manager, valued at over $18.8 billion as of December 2024, and is among just a handful who have managed to profit in 2025 despite the global stock market sell-off caused by President Trump's policies. According to Bloomberg, BlueCrest is already up 20% for the year, considering fees and costs. Platt allegedly employed aggressive leverage to take advantage of the increased volatility caused by President Trump's trade war, with BlueCrest currently on course to finish a decade of consecutive returns. For this article, we examined BlueCrest Capital Management's Q4 2024 13F filings to list down billionaire Cliff Asness' stock picks with the highest upside potential. We ranked the companies in ascending order of their upside potential. These equities are also popular among elite hedge funds. 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 (). Michael Platt of BlueCrest Capital Semiconductor Corporation (NASDAQ:ON) is an American semiconductor manufacturing company that produces various components, primarily for the electric vehicle and industrial end markets. Some of the company's products include advanced MOSFETs, image sensors, and Silicon Carbide technology (EliteSiC). On April 17, Stifel analysts revised their outlook for ON Semiconductor Corporation (NASDAQ:ON), lowering the 12-month price target from $52 to $42, while maintaining a Hold rating on the company. The change reflects worries about the overall macroeconomic climate, as well as specific issues in the automotive sector, which is an essential market for the company. In addition to the automotive sector's impact, ON Semiconductor's gross margins are under pressure. While the company maintained a decent gross margin, analysts observed that its fabrication facilities are currently underused, which is negatively impacting margins in the short term. In addition, ON Semiconductor Corporation (NASDAQ:ON) dropped its plan to acquire Allegro MicroSystems, instead focusing on increasing shareholder value through its existing share repurchase program. This move comes after ON Semiconductor Corporation (NASDAQ:ON) assessed that there was no viable road ahead with Allegro's Board of Directors. The company intends to focus on its core growth objectives, notably in the automotive, industrial, and AI data center sectors. Overall, ON ranks 4th on our list of billionaire Michael Platt's stock picks with huge upside potential. While we acknowledge the potential for ON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ON but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
30-04-2025
- Business
- Yahoo
Criteo S.A. (CRTO): Among Billionaire Michael Platt's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Criteo S.A. (NASDAQ:CRTO) stands against other billionaire Michael Platt's stock picks with huge upside potential. Michael Platt is the co-founder and CEO of BlueCrest Capital Management, which was founded in 2000 following his almost decade-long employment at JPMorgan. BlueCrest reached its height in 2013, when it became one of the world's largest hedge funds, managing more than $35 billion in assets. In 2015, in response to equity challenges and disappointing results that caused investor withdrawals, Platt converted the company into a family office. This strategy adjustment proved to be a game-changing decision for BlueCrest Capital Management. Since becoming a family office, the fund has generated impressive net returns, including 50% in 2016 and 54% in 2017. It has continued to succeed, delivering returns of at least 25% annually, including outstanding net returns of 95% in 2020 and 153% in 2022. Platt's aversion to the spotlight is almost as famous as is his financial competence. His last significant public appearance was more than a decade ago, to promote an art display featuring a life-size wax gorilla nailed to a wooden cross. Since then, he has shunned the media. Despite his preference for privacy, Platt has been involved in a number of regulatory disputes. BlueCrest has received hefty penalties from both the US Securities and Exchange Commission and the UK Financial Conduct Authority for conflicts of interest and other regulatory violations. However, these setbacks have had no impact on his financial or reputational status, owing to the fact that BlueCrest does not have any external clients. According to Forbes, Michael Platt is Britain's richest hedge fund manager, valued at over $18.8 billion as of December 2024, and is among just a handful who have managed to profit in 2025 despite the global stock market sell-off caused by President Trump's policies. According to Bloomberg, BlueCrest is already up 20% for the year, considering fees and costs. Platt allegedly employed aggressive leverage to take advantage of the increased volatility caused by President Trump's trade war, with BlueCrest currently on course to finish a decade of consecutive returns. For this article, we examined BlueCrest Capital Management's Q4 2024 13F filings to list down billionaire Cliff Asness' stock picks with the highest upside potential. We ranked the companies in ascending order of their upside potential. These equities are also popular among elite hedge funds. 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 (). Michael Platt of BlueCrest Capital S.A. (NASDAQ:CRTO) is a French corporation that specializes in digital performance marketing. Its solution includes data assets, the Criteo Engine, advertising and publisher platforms, and access to inventory. The company's Criteo Engine distributes adverts across a variety of marketing formats and channels. On April 28, Benchmark analyst Mark Zgutowicz reduced the price target for Criteo S.A. (NASDAQ:CRTO) shares from $60 to $55, while maintaining a Buy rating. The revision followed projections that first-quarter profitability will surpass original estimates, owing to less severe foreign exchange (FX) headwinds and an elevated Retail Media (RM) take rate in January, which benefited from robust fee increases at the close of the retail fiscal year. The company reported a 6% year-over-year rise in its adjusted fiscal Q4 2024 revenues, reaching $334 million. Its adjusted earnings also increased by 15% to $1.75 per diluted share, exceeding analyst expectations. Moreover, the retail media segment generated more than $250 million in revenue. Overall, CRTO ranks 2nd on our list of billionaire Michael Platt's stock picks with huge upside potential. While we acknowledge the potential for CRTO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CRTO but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-04-2025
- Business
- Yahoo
MFA Financial, Inc. (MFA): Among Billionaire Michael Platt's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where MFA Financial, Inc. (NYSE:MFA) stands against other billionaire Michael Platt's stock picks with huge upside potential. Michael Platt is the co-founder and CEO of BlueCrest Capital Management, which was founded in 2000 following his almost decade-long employment at JPMorgan. BlueCrest reached its height in 2013, when it became one of the world's largest hedge funds, managing more than $35 billion in assets. In 2015, in response to equity challenges and disappointing results that caused investor withdrawals, Platt converted the company into a family office. This strategy adjustment proved to be a game-changing decision for BlueCrest Capital Management. Since becoming a family office, the fund has generated impressive net returns, including 50% in 2016 and 54% in 2017. It has continued to succeed, delivering returns of at least 25% annually, including outstanding net returns of 95% in 2020 and 153% in 2022. Platt's aversion to the spotlight is almost as famous as is his financial competence. His last significant public appearance was more than a decade ago, to promote an art display featuring a life-size wax gorilla nailed to a wooden cross. Since then, he has shunned the media. Despite his preference for privacy, Platt has been involved in a number of regulatory disputes. BlueCrest has received hefty penalties from both the US Securities and Exchange Commission and the UK Financial Conduct Authority for conflicts of interest and other regulatory violations. However, these setbacks have had no impact on his financial or reputational status, owing to the fact that BlueCrest does not have any external clients. According to Forbes, Michael Platt is Britain's richest hedge fund manager, valued at over $18.8 billion as of December 2024, and is among just a handful who have managed to profit in 2025 despite the global stock market sell-off caused by President Trump's policies. According to Bloomberg, BlueCrest is already up 20% for the year, considering fees and costs. Platt allegedly employed aggressive leverage to take advantage of the increased volatility caused by President Trump's trade war, with BlueCrest currently on course to finish a decade of consecutive returns. For this article, we examined BlueCrest Capital Management's Q4 2024 13F filings to list down billionaire Cliff Asness' stock picks with the highest upside potential. We ranked the companies in ascending order of their upside potential. These equities are also popular among elite hedge funds. 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 (). Aerial view of a modern office building, representing the industry of real estate and mortgage Financial, Inc. (NYSE:MFA) is an American real estate investment trust that primarily deals in residential and commercial mortgage-backed securities. Since its IPO in 1998, the company has paid out dividends regularly, totaling over $4.8 billion. MFA Financial, Inc. (NYSE:MFA) reported $50.8 million in revenue in the fourth quarter of 2024, a 9.3% increase over the same period the previous year. MFA Financial, Inc. (NYSE:MFA) also concluded the year with $339 million in cash and cash equivalents, a bump from $318 million in 2023. JMP Securities analysts maintained a Market Outperform rating for MFA Financial, Inc. (NYSE:MFA), with a price target of $12.50, citing the company's potential in the residential mortgage credit REIT sector. Meanwhile, Keefe, Bruyette & Woods reduced MFA Financial, Inc. (NYSE:MFA)'s price target to $12.50 from $13.50 while keeping an Outperform rating, indicating a cautious yet optimistic stance on the company. Overall, MFA ranks 9th on our list of billionaire Michael Platt's stock picks with huge upside potential. While we acknowledge the potential for MFA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MFA but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
