10 Best Stocks to Buy Before the Next Bull Run

​8. PDD Holdings Inc. (NASDAQ:PDD)

Upside Potential: 45.32%

Number of Hedge Fund Holders: 67

​PDD Holdings Inc. (NASDAQ:PDD) is one of the Best Stocks to Buy Before the Next Bull Run. The company is set to release its fiscal Q1 2026 earnings on May 19, and the Street is bullish despite a 15.5% year-to-date decline in the stock price.

​Analysts expect the company to post around $16.02 billion in revenue, down from the previous quarter’s revenue of $17.96 billion. The GAAP EPS is expected to be around $2.15. Recently, on April 17, Arete analyst Zixiao Yang upgraded PDD Holdings Inc. (NASDAQ:PDD) from Hold to Buy and raised the price target from $118 to $121. The firm cited an improving earnings outlook for the company. Arete sees long-term potential for the company to continue gaining market share in China and overseas.

​Earlier, on March 26, Benchmark reiterated a Buy rating and $160.00 price target on the stock. The firm noted that the company faced significant pressure in 2025 due to domestic slowdown and headwinds from international trade dynamics. However, Benchmark remains incrementally positive on PDD and expects the company to focus on improving its supply chain to help normalize growth and profitability.

​PDD Holdings Inc. (NASDAQ:PDD) operates e-commerce platforms, including Temu, offering a wide range of consumer products globally.