In this article, we will discuss: 5 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital. For more stocks, you can head to 10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital.
Glenn Russell Dubin of Highbridge Capital Management
5. Enviri Corporation (NYSE:NVRI)
Highbridge Capital’s Stake: $34.3 million
Enviri Corporation (NYSE:NVRI) is one of the largest waste management companies in the US. Its shares are up by 100% since they started trading as a standalone company. The move occurred on June 2nd after it spun off its environmental and rail divisions and sold its clean-earth business. On June 23rd, Enviri Corporation (NYSE:NVRI) rang the opening bell at the New York Stock Exchange. Ahead of the spinoffs, the firm also reported its first-quarter earnings in May.
The results saw Enviri Corporation (NYSE:NVRI) post $550 million and a GAAP consolidated loss of $8 million. During the quarter, the firm also earned $65 million in operating income. “Our first quarter results reflect continued execution across the business as we navigated a dynamic operating environment and weather-related disruptions that impacted Clean Earth,” said Enviri Chairman and CEO Nick Grasberger. “We remain on track to complete the sale of Clean Earth and the separation of Harsco Environmental and Harsco Rail in the second quarter, unlocking significant sum-of-the-parts value and marking an important milestone for the Company.”
4. Clearwater Analytics Holdings Inc. (NYSE:CWAN)
Highbridge Capital’s Stake: $37.8 million
Clearwater Analytics Holdings Inc. (NYSE:CWAN) is a software-as-a-service (SaaS) company that focuses on financial and investment data management. As of June 24th, the shares are up by 11.9% over the past year and by 1.9% year-to-date. As is the case with other software firms, Clearwater Analytics Holdings Inc. (NYSE:CWAN) is also busy integrating artificial intelligence into its products. On June 3rd, the firm announced that its Clearwater Compass, Total Portfolio Oversight and Fund Analytics would work directly with the workflows of institutional managers.
Earlier, on May 7th, Clearwater Analytics Holdings Inc. (NYSE:CWAN) had reported its fiscal first-quarter earnings report. The results saw the firm post $221 million in revenue, $872 million in recurring revenue and $77.4 million in operating income. However, Clearwater Analytics Holdings Inc. (NYSE:CWAN) also posted $2.8 million in GAAP loss. More recently, on June 25th, the firm completed its $8.4 billion take private acquisiton, following which its Class A common stock stopped trading on the NYSE.
3. Wix.com Ltd. (NASDAQ:WIX)
Highbridge Capital’s Stake: $38.2 million
Wix.com Ltd. (NASDAQ:WIX) is a software company that enables users to build websites. As is the case with its peers, the shares have not performed well in today’s AI era. They are down by 71% over the past year and by 55% year-to-date. Similarly, like its peers, Wix.com Ltd. (NASDAQ:WIX) is also making inroads into the AI sector. For instance, on June 2nd, it announced that it was OpenAI’s building partner for the AI company’s Codex Enterprise platform. Through the integration, users of Wix.com Ltd. (NASDAQ:WIX)’s Headless platform will be able to work within Codex.
On June 15th, Wix.com Ltd. (NASDAQ:WIX) partnered up with software giant Microsoft to integrate its Harmony platform into Microsoft’s 365 Copilot. As was the case with the OpenAI partnership, the deal will enable Wix users to fully work within Microsoft’s platform without having to exit it.
In a recent appearance on Mad Money, CNBC’s Jim Cramer couldn’t help but make a sarcastic comment about Wix.com Ltd. (NASDAQ:WIX):
“Okay, I got a guy, Zach, upstairs, and he can duplicate whatever Wix does, and he comes at a fraction of the cost, and they charge $10 a thing. Just kidding. And Zach’s worth a lot more than Wix.”
2. NextEra Energy, Inc. (NYSE:NEE)
Highbridge Capital’s Stake: $40 million
NextEra Energy, Inc. (NYSE:NEE) is one of the largest regulated utilities in America. The shares are up by 27% over the past year and by 9.3% year-to-date. Several analysts have discussed NextEra Energy, Inc. (NYSE:NEE)’s shares in June. For instance, Morgan Stanley raised the share price target to $117 from $111 and kept an Overweight rating on the shares on June 24th. The bank discussed the broader utility sector in its coverage and remarked that it had outperformed the S&P 500 in June. Similarly, Bernstein also commented on NextEra Energy, Inc. (NYSE:NEE)’s shares. It initiated coverage on June 17th to set a $107 share price target and an Overweight rating. The financial firm remarked that the utility’s stock had underperformed despite possessing a solid set of fundamentals. It added that there was potential for further upside in NextEra Energy, Inc. (NYSE:NEE)’s shares.
However, on the 25th, Erste Group downgraded the shares. It reduced the rating to Hold from Buy and discussed NextEra Energy, Inc. (NYSE:NEE)’s long-term liabilities as the reason behind the pessimism. The financial firm believes that the utility can suffer from high financing costs in the case of a highly likely interest rate hike from the Federal Reserve.
1. Electronic Arts Inc. (NASDAQ:EA)
Highbridge Capital’s Stake: $110 million
Video game developer Electronic Arts Inc. (NASDAQ:EA)’s shares are up by 28% over the past year and are flat year-to-date. The firm is currently on track to make history as it is being taken private for a whopping $55 billion price tag. The buyers interested in paying this amount for Electronic Arts Inc. (NASDAQ:EA) include the Saudi PIF fund and Silver Lake. The affair also includes a $20 billion loan from banking giant JPMorgan, and the deal is the largest leveraged buyout in history.
Electronic Arts Inc. (NASDAQ:EA)’s fiscal 2026 saw the firm post $8 billion in net bookings and operating cash flow of $2.6 billion. Citi discussed the firm on May 7th. It raised the share price target to $204 from $202 and kept a Neutral rating on the shares. Electronic Arts Inc. (NASDAQ:EA)’s latest financial results were boosted by the firm’s launch of its Battlefield franchise, according to management.
Harbor Capital Advisors’ Mid Cap Value Fund discussed Electronic Arts Inc. (NASDAQ:EA) in its Q4 2025 investor letter:
“We sold our position in Electronic Arts Inc. (NASDAQ:EA) in the Communication Services sector. Electronic Arts did well in 2025, advancing approximately 40% for the year. In late September, the company announced an agreement to be acquired by Saudi Arabia’s Public Investment Fund, Silver Lake, and Affinity Partners for $55 billion. The Fund often benefits from takeovers, as the companies we hold tend to be attractively priced, solid businesses that are undervalued, as was the case with Electronic Arts.”
While we acknowledge the potential of EA 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 EA and that has 100x upside potential, check out our report about the cheapest AI stock.
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