Billionaire Chris Rokos’ 10 Stock Picks with Huge Upside Potential

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1. Marvell Technology, Inc. (NASDAQ:MRVL)

Rokos Capital Management Stake Value: $50,436,698

Upside Potential as of May 7: 89.66%

Number of Hedge Fund Holders: 105

Marvell Technology, Inc. (NASDAQ:MRVL) is a data infrastructure semiconductor company. It designs, develops, and markets integrated circuits for data centers, enterprise networking, 5G carrier infrastructure, automotive, etc. The target customers include cloud providers, telecommunications and networking companies, and manufacturers integrating smart technology into vehicles.

Marvell Technology, Inc. (NASDAQ:MRVL) shares fell more than 6% in extended trading on May 6, 2025, after the chipmaker cut the high end of its revenue forecast and postponed its investor day event. The company said the decision was made due to an “uncertain” economic environment. Revenue in the first quarter didn’t reach the high end of its previous forecast range, with net revenue coming in at about $1.88 billion, plus or minus 2%. This falls short of the company’s March guidance, which suggested sales might be 5% above that mark.

On the operational front, Marvell Technology, Inc. (NASDAQ:MRVL) agreed to sell its Automotive Ethernet business to Infineon Technologies AG for $2.5 billion in cash. The business, which is expected to generate revenue of $225-250 million in fiscal 2026, includes Marvell’s Brightlane Automotive Ethernet portfolio and related assets. This strategic divestiture allows Marvell (NASDAQ:MRVL) to focus on its core competencies while delivering a robust return to shareholders.

On April 17, 2025, Stifel analysts revised their price target for Marvell Technology, Inc. (NASDAQ:MRVL) to $80 from $115, while maintaining a Buy rating on the stock. Stifel believes that Marvell’s (NASDAQ:MRVL) AI-related revenues will soon reach saturation, even though demand from cloud service providers is growing.

While we acknowledge the potential of Marvell Technology, Inc. (NASDAQ:MRVL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MRVL but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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