30 Stocks Expected To Beat the Market By 20 Percentage Points This Year

Page 30 of 30

1. Alibaba Group Holding Limited (NYSE:BABA)

Analyst Upside: 46.27%

Number of Hedge Fund Holders: 125

Alibaba Group Holding Limited (NYSE: BABA) ranks among the 30 stocks expected to beat the market by 20 percentage points this year. In order to enhance its regional infrastructure and satisfy the growing demand for AI and cloud services, Alibaba Cloud, the cloud computing division of Alibaba Group Holding Limited (NYSE: BABA), announced plans to open a second data center in South Korea on June 18.

In addition to the company’s current Korean node, which was inaugurated in 2022, the new facility will be situated close to Seoul and will enhance computing capacity and redundancy for enterprise and government clients.

This comes at a time when Alibaba Cloud is investing more than $52 billion in AI-driven infrastructure across Asia, Europe, the Americas, and the Middle East as part of its “unified global cloud network.”

Alibaba Group Holding Limited (NYSE: BABA) is an e-commerce and technology company that caters to small business owners and consumers. The company is also a pioneer in cloud computing, logistics, and digital media.

While we acknowledge the potential of BABA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BABA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 30 of 30