Key Takeaways:
- David Einhorn is betting on Peloton’s turnaround as the company shifts to a subscription-based model and cuts costs to drive recurring revenue growth.
- Michael Burry sees a major rebound opportunity in Estée Lauder, which is down over 75% from its highs but expected to triple earnings in the next three years.
- Bill Ackman is backing Nike as the company expands in digital sales and direct-to-consumer channels, with analysts predicting a strong earnings recovery.
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These three companies have caught the attention of billionaire investors like David Einhorn, Michael Burry, and Bill Ackman.
These stock ideas could be interesting for investors looking for turnaround plays and long-term growth.
1: Peloton (PTON)
Billionaire investor David Einhorn is betting on Peloton’s turnaround. Last quarter, he added 10% to his stake in Peloton, bringing his total holding to nearly $100 million:
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The stock is down over 90% from its highs, but it’s making a massive pivot by focusing on subscriptions and premium content rather than just hardware sales.
With cost-cutting in place and recurring revenue growing, this could be a high-risk, high-reward bet for investors.
2: Estée Lauder (EL)
Estée Lauder, a luxury beauty brand that’s making a comeback.
Michael Burry has been buying the stock now that it’s down over 75% from its highs.
Also, one of Estée Lauder’s long-time board members has personally invested over 8 million dollars in the stock, which serves as another strong signal that the stock is going to recover.
Estée Lauder’s earnings are expected to triple over the next three years, so this could be a massive rebound play.
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3: Nike (NKE)
Finally, we have Nike, a legendary brand that billionaire Bill Ackman is betting on.
Last quarter, Ackman increased his stake in Nike by 15%:
Despite short-term weakness, analysts expect Nike’s sales and earnings to recover, with sales expected to grow in the low single digits over the next 3.5 years and normalized EPS expected to grow nearly 20% annually.
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TIKR Takeaway
Following billionaire investors can uncover high-potential stocks before the market catches on.
The TIKR Terminal offers industry-leading financial data on over 100,000 stocks and was built for investors who think of buying stocks as buying a piece of a business.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. We aim to provide informative and engaging analysis to help empower individuals to make their own investment decisions. Neither TIKR nor our authors hold positions in any of the stocks mentioned in this article. Thank you for reading, and happy investing!
