11 Best Young Stocks to Buy According to Hedge Funds

8. Viking Holdings Ltd. (NYSE:VIK)

Number of Hedge Fund Holders: 52

Viking Holdings Ltd. (NYSE:VIK) engages in the passenger shipping and other forms of passenger transport. It operates through the River and Ocean segments. It also operates as a tour entrepreneur for passengers and related activities in tourism. The company commands a 52% market share within the river cruise sector.

This segment has a focus on European itineraries and delivered impressive results in 2024. The River Cruise division experienced a 3.7% year-over-year increase in capacity PCDs, which was fueled by the full operation of vessels acquired in 2023, the partial deployment of new ships from 2024, and the introduction of European winter sailings. This translated into a 15.8% year-over-year surge and reached $1.6 billion.

As of February 23, 2025, bookings for Viking’s river cruises had already reached ~$2.6 billion, which marked a 24% increase year-over-year. In 2025, Viking Holdings Ltd. (NYSE:VIK) is committed to expanding its river capacity by 12% through the introduction of 10 new river ships, with a strong emphasis on its core European market, where 7 of these new vessels will be deployed. On April 25, Northcoast initiated coverage of Viking with a Buy rating and $51 price target.

Artisan Mid Cap Fund stated the following regarding Viking Holdings Ltd (NYSE:VIK) in its Q1 2025 investor letter:

“During the quarter, we initiated new GardenSM positions in Baker Hughes, Snowflake and Viking Holdings Ltd (NYSE:VIK). Viking is a leading operator in river and luxury ocean cruising, with a business model built around affluent US travelers. Originally focused on European rivers, the company has expanded into the US and Egypt and has added ocean cruises to tap into adjacent destinations. Unlike peers, Viking emphasizes destination-focused itineraries over onboard amenities, which supports higher profitability. Given strong demand (2025 bookings are nearly full) and a differentiated offering, we view Viking as a top-tier franchise well positioned for revenue growth and margin expansion.”