Billionaire David Harding’s 10 Stock Picks with Huge Upside Potential

5. Everus Construction Group, Inc. (NYSE:ECG)

Winton Group’s stake: $9,398,305

Upside Potential: 41.9%

Number of Hedge Fund Holders: 39

Everus Construction Group, Inc. (NYSE:ECG) is a leading provider of specialized infrastructure services across the US. With expertise in electrical, mechanical, transmission, and distribution systems, the company supports a broad range of sectors including utilities, transportation, industrial, commercial, and renewable energy. Everus became a standalone public company in November 2024 following its separation from MDU Resources Group. Headquartered in Bismarck, North Dakota, Everus Construction Group, Inc. (NYSE:ECG) employs more than 9,000 skilled professionals committed to delivering safe, reliable, and high-quality construction and engineering solutions nationwide.

Last year, Everus Construction Group, Inc. (NYSE:ECG) focused on geographic expansion through satellite projects, strengthening key customer relationships and expanding its reach. Strong project execution contributed to excellent margins, despite lower revenue.  For 2025, the company’s key focus is strategic M&A, with the company prioritizing disciplined investments.

The company expects continued demand in commercial markets like data centers and hospitality, alongside growth in industrial and institutional sectors, particularly in water projects and battery plant manufacturing. Strong demand in transmission, distribution, and substation work aligns with their capabilities. Despite some slowdown in backlog, the company remains confident in their diversified business and ongoing relationships, particularly in utility projects.