Rob Citrone, the billionaire chief of Discovery Capital Management, recently appeared on news platform CNBC to outline his views on the present market dynamics and discuss his stock picking techniques. Citrone, one of the richest men in the world, manages a 13F portfolio at his fund that was worth more than $1.8 billion at the end of the fourth quarter of 2025. During his appearance on CNBC, Citrone outlined the reasoning behind the high number of foreign stocks in his portfolio, noting that there was a substantial undervaluation in global emerging markets right now that had not been seen in over a decade. Citrone contended that the US market was beginning to fall behind relative to other assets. He gave two examples to prove his point. He noted that over the past year, the gains in dollar-based assets had been the weakest when compared to 19 other markets around the world. He also highlighted that the S&P 500 was up 11% over the past year, compared to the 34% gain in the iShares Core MSCI Emerging Market ETF over the same period.
READ MORE: 33 Stocks That Should Double in 3 Years.
Warning that the Federal Reserve was trapped by sticky inflation, Citrone stated, “There’s no way the Fed’s cutting rates” as the market expected, leading him to be “bearish on US equities” while favoring “high-growth developing economies.” He argued that the current investment landscape was “dumber than it’s ever been in history” regarding how it mispriced corporate potential against sovereign risk, particularly in regions where he saw “idiosyncratic catalysts.” This was most evident in his view of Argentina’s policy shift, which he described as a “movie remake” that allowed for proactive investment because we have “better actors and better camera angles” this time. While positioning for a global regime shift where “India remains the structural growth story of the decade,” Citrone also maintained a hedge against systemic instability, noting he “wouldn’t be surprised to see gold hit $6,000” as a final safeguard. Ultimately, he credited his fund’s success to a fundamental philosophy where he sought to “analyze a country like a company” by focusing on the quality of its leadership.
READ MORE: 15 Stocks That Will Make You Rich in 10 Years.
Our Methodology
To compile our list of the best stocks to buy according to billionaire Rob Citrone, we reviewed the latest 13F filings of Discovery Capital Management. Next, we focused on the top 10 stocks in his portfolio. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2025 database of 1041 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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Best Stocks to Buy According to Billionaire Rob Citrone
10. GDS Holdings Limited (NASDAQ:GDS)
Discovery Capital Management’s Stake: $49 Million
GDS Holdings Limited (NASDAQ:GDS) has had a stop-start relationship with Discovery Capital Management. The stock first appeared in the 13F portfolio of the fund back in the first quarter of 2019. This stake comprised just under 500,000 shares. In the next quarter, this position was sold off completely. A new position was opened in the third quarter of the same year but was sold off as well by the beginning of next year. A small stake, comprising under 100,000 shares, was bought and sold off in the 2021. The present position, bought in the third quarter of 2025, comprised over 1 million shares, and was increased to 1.43 million shares in the fourth quarter of 2025, representing an increase of 36%.
GDS Holdings Limited (NASDAQ:GDS) has emerged as one of the most prominent China-based stocks in the US market in recent years. Even though Chinese stocks have faced macro headwinds amid a tariff war, hedge funds are bullish on the ability of GDS to emerge from these unscathed. One of the reasons for this sentiment is the launch of the China Real Estate Investment Trust by GDS in late 2025. Before the REIT launch, GDS traded at a depressed multiple of around 12x EBITDA. The C-REIT assets were valued at around 22x 2026 EBITDA, significantly higher than market expectations. The launch also allows GDS to monetize data center assets at premium valuations and reinvest capital into high-growth AI infrastructure.
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