Billionaire Howard Marks’ 10 Stock Picks with Huge Upside Potential

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6. Garrett Motion Inc. (NASDAQ:GTX)

Oaktree Capital Management’s Stake: $298 Million

Analyst Upside Potential: 54%

Garrett Motion Inc. (NASDAQ:GTX) has been a constant feature in the 13F portfolio of Oaktree Capital Management since late 2020, barring a few exceptions. The fund first disclosed a stake in the company in the third quarter of 2020. This position comprised just over 3.5 million shares and was sold off by the next quarter. A new position was opened in the second quarter of 2021. This comprised close to 3.6 million shares. After sitting on this stake for many quarters, the fund loaded up on the stock in the second quarter of 2023, growing the holding to over 44 million shares. Filings for the fourth quarter of 2025 show that the fund owned just over 17 million shares in the company, down 46% compared to filings for the previous quarter.

Garrett Motion Inc. (NASDAQ:GTX) has been a legacy leader in turbochargers. However, the present interest in the stock is driven by its successful pivot into data center cooling and hybrid vehicle technology. Earlier this year, Garrett announced a strategic collaboration with Trane Technologies to integrate its high-speed centrifugal compressors into commercial HVAC systems. These oil-free compressors, originally developed for high-performance automotive engines, offer over 10% energy savings for data centers. In its Q4 2025 earnings report, the company reported a 6% revenue increase to $891 million, driven by gasoline share demand gains as consumers shift toward hybrids over pure EVs.

While we acknowledge the potential of GTX 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 GTX and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see Billionaire Howard Marks’ 5 Stock Picks with Huge Upside Potential.

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