Billionaire Jim Chanos’ Top 5 Stock Picks

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Below we presented billionaire Jim Chanos’ top 5 stock picks. For a detailed discussion about Jim Chanos’ investment strategy as well as his latest views, please see Short Seller Jim Chanos’ Top 10 Stock Picks.

5. Tesla, Inc. (TSLA)

Chanos had a $2.5 million equivalent of put positions in Tesla shares at the end of September. Co-founded by the self-made billionaire and the newly proclaimed richest person on earth, Elon Musk, Tesla is an American electric vehicle and clean energy company that aims to accelerate the world’s transition to sustainable energy.

Aside from electric cars, Tesla also builds infinitely scalable clean energy generation and storage products. Tesla’s market capitalization is worth about as much as the other nine largest car companies in the world combined.

Tesla is the hottest stock in the U.S. markets right now, with a market cap of $834.17 billion and a P/E Ratio of 1,758.63, it is currently setting new highs as investors see positivity due to the world’s transition to non-toxic energy.

Follow Tesla Inc. (NASDAQ:TSLA)

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