In this article, we discuss Billionaire Chase Coleman’s 10 Stocks with Huge Upside Potential.

Equity markets achieved an unprecedented winning streak over the past two years at the back of an artificial intelligence-driven run. Major US indices were on a roll, soaring to record highs as investors tailored their investments to opportunities around the revolutionary technology. Chase Coleman is one hedge fund manager who benefited from the impressive run by investing his hedge fund’s money in some of the top-performing AI stocks.

Founded by Coleman in 2001, Tiger Global Management LLC was one of the best-performing hedge funds after gaining 24% in 2024. The impressive return came on the billionaire investor betting on some of the biggest companies with significant exposure to artificial intelligence.

Fast forward, Coleman is one of the most significant casualties of the broader stock market correction. With the S&P 500 pulling back by about 6% and tech-heavy Nasdaq down by about 8%, the billionaire investor has felt the full brunt of the artificial intelligence-driven run cooling off. A good number of Tiger Global Management stock holdings have shed more than 10% in market value as the overall stock market correction gathers steam.

READ ALSO: Billionaire Seth Klarman’s 10 Stock Picks with Huge Upside Potential and Billionaire Andreas Halvorsen’s 10 Stock Picks With Huge Upside Potential.

While up to 20% pullbacks might rattle most investors, billionaire Investor Coleman’s strategy focuses on long-term investing. Consequently, he is never perturbed by short-term market corrections. Coleman continues to maintain significant holdings in tech giants on expectations the segment will continue growing amid the artificial intelligence boom.

“Think about it in terms of companies investing in these technologies, and how well they use it,” he said, giving the example of Amazon using ChatGPT to facilitate shopping. “It’s going to be gradual. Be patient.”

With that, let’s take a look at billionaire Chase Coleman’s top stock picks with huge upside potential.

Our Methodology

We combed Tiger Group Management LLC SEC Q4 2024 13F filings to identify Billionaire Chase Coleman’s 10 Stocks with Huge Upside Potential. We focused on stocks that have pulled back significantly and therefore command significant upside potential. We then analyzed the stocks on why they stand out, as solid value investments. Finally, we ranked the stocks in ascending order based on their upside potential.

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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Billionaire Chase Coleman’s 10 Stocks with Huge Upside Potential

10. Amazon.com Inc. (NASDAQ:AMZN)

Tiger Global Management LLC’s Stake Value: $1.41 Billion

Upside Potential as of April 30: 30.91%

Number of Hedge Fund Holders: 338

Amazon.com Inc. (NASDAQ:AMZN) is a multinational technology giant that retails consumer products online while engaging in advertising and cloud computing. While the stock has pulled back significantly on trade war concerns, down by 14% year to date, it is one of billionaire Chase Coleman’s stocks with huge upside potential. Wedbush has reiterated an Outperform rating on the stock and raised its price target to $235 from $225 as the tech giant delivered solid Q1 2025 amid the tariff threat.

The fact that around 18% of goods sold on the Amazon platform are sourced from China underscores how the company is susceptible to the tariff war. Nevertheless, it delivered $1.59 in earnings per share in Q1 2025, above the $1.36 share that analysts expected. Revenues came in at $155.67 billion, above consensus estimates of $155 billion. Likewise, the advertising business grew by 19% and the cloud unit posted a 17% increase in revenues to  $29.27 billion, slightly below the $29.42 billion expected.

Given that the cloud infrastructure market was valued at $330 billion in 2023 and growing at more than 20% annually, AWS is well positioned for long-term growth as AI spending increases. Amazon.com Inc. (NASDAQ:AMZN) is the market leader in the segment, with its AI revenue growing at a triple-digit percentage annually. The tech giant is also developing its own AI chips to strengthen its growth opportunities.

9. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Tiger Global Management LLC’s Stake Value: $717.87 Million

Upside Potential as of April 30: 32.84%

Number of Hedge Fund Holders: 186

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest semiconductor foundry. It specializes in manufacturing chips for other companies, including Apple. While the stock has slumped 18% year-to-date, it is one of billionaire Chase Coleman’s stocks with tremendous upside potential amid the artificial intelligence revolution. Analysts at Bernstein have reiterated an Outperform rating on the stock with a $251 price target.

The Outperform rating comes on the heels of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), which delivered March revenue of NT$286 billion above the high end of guidance and above consensus estimates. Its first quarter 2025 revenue was up 42% year over year to NT$839 billion, affirming strong demand for the company’s foundry services. The company’s competitive edge stems from its 3 nanometer technology that ensures chip traces are spaced at a minimum of 3nm.

With the company planning to launch 2nm and 1.6nm chips, it is sure to strengthen its competitive edge and attract more deals amid the push for small and powerful chips. The fact that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) does not compete against its clients Nvidia, Apple, and Broadcom affirms its growth prospects in the sector. It has also unveiled its next cutting-edge logic process technology, A14, as it seeks to drive AI transformation by delivering faster computing and greater power efficiency.