In this piece, we will discuss the Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
The first half of 2025 was a roller-coaster ride for investors with the broader market surging to new highs at the beginning of the year, plunging to bearish levels, following proposed global tariffs in April, and then finally recovering all losses by mid-May once the tariff situation eased. At the same time, the question of whether a financial crisis is coming in 2025 is critical. Discussions around a possible recession have been ongoing, with estimates from the New York Fed, JP Morgan, and Goldman Sachs suggesting probabilities of 28%, 40% and 35%, respectively, for a recession occurring within the next twelve months.
Meanwhile, Bank of America points out that corporate earnings are going to drive the next leg of volatility, with tech giants that lagged in the spring expected to rebound, while the consumer and utilities sectors are expected to benefit from resilient demand tied to AI innovation.
With that in mind, Kerr Neilson, who is often considered “Australia’s Warren Buffett”, offers a portfolio well-suited for high-conviction investing. He is the co-founder of Platinum Asset Management, an Asset Management company that oversees over $1.7 billion in 13-F-reported holdings. Vanguard and American Century are two of the largest institutional shareholders of PTM.
Furthermore, the billionaire’s top ten holdings account for 64.86% of the total portfolio as of Q1 2025. Meanwhile, Platinum Asset Management announced a merger with L1 Capital on July 8, 2025, which is expected to strengthen its competitive position in the asset management industry.
Having launched the firm in 1994 with George Soros, Neilson has followed a value-driven approach that often goes in the opposite direction to prevailing market trends and is diversified across IT, industrials, consumer, materials, and emerging sectors. The billionaire keeps an eye on the AI, biotechnology, and resources sectors for significant gains, while holding substantial exposure to Asian markets, particularly China.
With this backdrop, let’s dive into Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
Kerr Neilson of Platinum Asset Management
Methodology
To curate the list of Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential, we scanned the billionaire’s 13-F filings for Q1 2025, stored in Insider Monkey’s 13-F filings database, extracting all of his holdings. We ranked these stocks based on their respective upside potential as of the time of writing this article. The list is created by ranking the stocks in ascending order of their respective 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).
10. PTC Inc. (NASDAQ:PTC)
Upside Potential: 7.88%
Billionaire Kerr Neilson has bought over $1.5 million worth of shares in PTC Inc. (NASDAQ:PTC), representing 0.09% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
PTC Inc. (NASDAQ:PTC) recently achieved increased traction across its industrial software offerings, thanks to positive reseller channel checks. Citing this, on July 9, 2025, KeyBanc increased its price target on the company’s stock from $185 to $198, maintaining an ‘Overweight’ rating.
On the same day, PTC Inc. (NASDAQ:PTC) announced that Nimble, which is an AI logistics robotic firm, has started to leverage the company’s Onshape and Arena cloud-based platforms, replacing its own legacy systems. This development, which was fully implemented within 60 days, highlights the growing demand for PTC’s cloud-native tools in the high-growth tech industry.
Reinforcing the analyst’s optimistic outlook for the company’s stock, PTC repurchased 463,000 shares for $75 million and repaid $500 million in senior notes, strengthening its financial health. This boosts investors’ confidence ahead of fiscal 2025 free cash flow targets.
PTC Inc. (NASDAQ:PTC) offers cloud-based platforms, including Windchill, Onshape, Arena, and ThingWorx, supporting digital transformation across a diverse range of sectors, making real-time collaboration, asset optimization, and enhanced product development possible.
9. Flutter Entertainment plc (NYSE:FLUT)
Upside Potential: 8.09%
Billionaire Kerr Neilson has bought over $8 million worth of shares in Flutter Entertainment plc (NYSE:FLUT), representing 0.48% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
BTIG increased its price target on Flutter Entertainment plc (NYSE:FLUT) from $284 to $302 on July 7, 2025, maintaining a ‘Buy’ rating. The revision follows the updated U.S. and Italy performance data, favorable tax adjustments, and successful platform integration after recent acquisitions in Brazil and Italy. The company expects $220 million in additional revenues in 2025 through its acquisition of a 56% stake in NSX Group in Brazil. Meanwhile, the acquisition of Snaitech S.p.A. is expected to increase the company’s market share in Italy to around 30%, also resulting in cost synergies of at least $81 million.
Flutter Entertainment plc (NYSE:FLUT) reported a year-over-year (YoY ) increase of 289% in its net income and 20% adjusted EBITDA growth in Q1 2025. Meanwhile, its sportsbook revenue increased by 15% and iGaming grew 32% despite softer March Madness outcomes.
Flutter Entertainment plc (NYSE:FLUT) runs a global betting and gaming business with brands like FanDuel, Betfair, PokerStars, and Sportsbet. The company operates across the U.S. and the UK, while also serving European and Asian markets.
8. Synopsys, Inc. (NASDAQ:SNPS)
Upside Potential: 9.18%
Billionaire Kerr Neilson has bought over $1.4 million worth of shares in Synopsys, Inc. (NASDAQ:SNPS), representing 0.08% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
The U.S. lifted the ban on exports to China on July 2, 2025. Following this, the company’s stock surged as the company could now resume product access for Chinese customers. As a result, Synopsys, Inc.’s (NASDAQ:SNPS) shares have risen 7.65% from the day of reversal. This reversal is set to increase the company’s revenue exposure in China, which had previously accounted for only 10% of the total revenue mix.
Following the reversal, KeyBanc increased its price target on Synopsys, Inc. (NASDAQ:SNPS) from $540 to $610, maintaining an ‘Overweight’ rating as of July 10, 2025. On the same day, Goldman Sachs initiated coverage on the company, assigning it a ‘Buy’ rating with a price target of $620. The bank cited the company’s potential acquisition of Ansys, which could be a critical driver of the company’s future growth.
This reversal is critical to the company’s outlook, which is evident from the statement of Stewart Randall, who is a Shanghai-based consultant and electronic design automation (EDA) salesman to top Chinese chipmakers. In 2021, the consultant told the Washington Post that he hasn’t seen a chip design company in his decade-long experience that isn’t using Synopsys.
Synopsys, Inc. (NASDAQ:SNPS) is a chip design software and IP solutions provider to sectors including AI, HPC, and automotive.
7. CVS Health Corporation (NYSE:CVS)
Upside Potential: 12.44%
Billionaire Kerr Neilson has bought over $290,715 worth of shares in CVS Health Corporation (NYSE:CVS), representing 0.02% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
On June 30, 2025, Jefferies increased its price target on CVS Health Corporation (NYSE:CVS) from $74 to $80. The analyst attributed this to the management’s conservative future guidance, along with expectations for potential upside in the company’s EPS. Despite the sector headwinds, CVS remains one of the large-cap healthcare picks in the analyst’s portfolio.
For Q1 2025, CVS Health Corporation (NYSE:CVS) reported $95 billion in revenue, which was a 7% YoY increase. Meanwhile, its adjusted EPS was $2.25 per share and adjusted earnings were $4.6 billion. As per the company’s full-year guidance, EPS is estimated within the range of $6 and $6.2.
CVS Health Corporation (NYSE:CVS) offers insurance, pharmacy benefit management (PBM), and retail pharmacy services. It does so through its Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments.
6. General Mills, Inc. (NYSE:GIS)
Upside Potential: 14.78%
Billionaire Kerr Neilson has bought over $271,148 worth of shares in General Mills, Inc. (NYSE:GIS), representing 0.02% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
On June 26, 2025, UBS lowered its price target on General Mills, Inc. (NYSE:GIS) from $52 to $49, maintaining a ‘Sell’ rating. This update follows weak fiscal 2026 guidance, under which EPS is expected to decline 10%-15% on a YoY basis. Additionally, the analyst cited potential risks including consumer headwinds and a lack of sales visibility. Following this update, announced the next day after earnings for Q4 2025, the company’s shares fell by over 5%. For Q4 2025, the company reported a 27% EPS decline on a constant currency basis. Meanwhile, its organic sales declined by 3%.
General Mills, Inc. (NYSE:GIS) is a branded packaged foods and pet products manufacturer, operating globally across its retail, international, foodservice, and pet segments. Cheerios, Häagen-Dazs, and Blue Buffalo are some of its well-known products.
5. Micron Technology, Inc. (NASDAQ:MU)
Upside Potential: 23.03%
Billionaire Kerr Neilson has bought over $81 million worth of shares in Micron Technology, Inc. (NASDAQ:MU), representing 4.72% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
On June 26, 2025, Mizuho Securities raised its price target on Micron Technology, Inc. (NASDAQ:MU) from $130 to $150, maintaining an ‘Outperform’ rating. This update followed the company’s announcement of strong earnings results for Q3 fiscal 2025. Meanwhile, the company’s share price is up 46.76% YTD, maintaining strong momentum.
For the quarter, Micron Technology, Inc. (NASDAQ:MU) exceed both its revenue and EPS expectations. This was driven by continued demand for its DRAM and high-bandwidth memory (HBM) chips. The analyst acknowledged the company’s expanding role in the AI market. Its HBM market share is expected to reach 25% by the end of 2025, with segment revenue projected at $17 billion in 2026, driven by the launch of HBM4 technology. Improved pricing and bit shipments are expected to drive the company to a strong second half of 2025.
Micron Technology, Inc. (NASDAQ:MU) is a memory and storage products manufacturer. Operating globally, it is known for the Micron and Crucial brands, serving data centers, mobile, automotive, and consumer electronics sectors.
4. TransUnion (NYSE:TRU)
Upside Potential: 23.89%
Billionaire Kerr Neilson has bought over $142 million worth of shares in TransUnion (NYSE:TRU), representing 8.23% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
Oppenheimer increased its price target on TransUnion (NYSE:TRU) from $100 to $108, maintaining an ‘Outperform’ rating. The update, announced on July 8, 2025, follows an improved macroeconomic environment, marked by mild inflation, stable job growth, and lower delinquency rates.
This improved environment is expected to drive TransUnion’s (NYSE:TRU) future growth outlook. The average analyst upside for the stock is 13.66%, with a consensus ‘Outperform’ rating assigned by 19 brokerage firms.
Operating through its U.S. and international segments, TransUnion (NYSE:TRU) offers credit reporting, marketing tools, risk management, and financial access, serving sectors such as automotive, insurance, and communications.
3. Adobe Inc. (NASDAQ:ADBE)
Upside Potential: 28.24%
Billionaire Kerr Neilson has bought over $1 million worth of shares in Adobe Inc. (NASDAQ:ADBE), representing 0.06% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
For Q2 FY25, Adobe Inc. (NASDAQ:ADBE) reported revenue of $5.87 billion, a YoY increase of 11%. Meanwhile, its GAAP EPS grew by 13% to $3.94 per share. Furthermore, the company’s Digital Media segment achieved an ARR of 12.1% ($18.09 billion), contributing to record Q2 operating cash flow of $2.19 billion.
Despite strong Q2 results, Redburn Rothschild reduced its price target for Adobe Inc. (NASDAQ:ADBE) from $420 to $280, downgrading it to a ‘Neutral’ rating. This downgrade, which occurred on July 2, 2025, is attributed to the much-anticipated IPO of Figma, which filed an update regarding its IPO offering on July 1, 2025. According to the official announcement, the rival firm has filed a registration on Form S-1 with the U.S. SEC for the proposed IPO of its Class A common stock. This potential IPO of Figma raises concerns around Adobe’s competitive position in the market, particularly after its failed $20 billion acquisition of Figma in 2023.
Nevertheless, Adobe Inc. (NASDAQ:ADBE) is progressing well and is already ahead of its $250 million AI revenue goal for FY25, thanks to its Firefly and Acrobat AI Assistant tools. Moreover, its full-year guidance remains the same, indicating FY25 EPS of $20.50-$20.70.
Adobe Inc. (NASDAQ:ADBE) offers Digital Media and Digital Experience platforms, delivering creative, document, and experience-based solutions to creators, marketers, and enterprises globally.
2. RH (NYSE:RH)
Upside Potential: 37.20%
Billionaire Kerr Neilson has bought over $290,200 worth of shares in RH (NYSE:RH), representing 0.02% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
On July 9, 2025, Goldman Sachs downgraded RH (NYSE:RH) from ‘Neutral’ to ‘Sell’, setting its price target at $179. This downgrade reflects a potential downside of 11.93% from the previous close. The analyst attributed this downgrade to housing market weakness and tariff risks. New home builders lack confidence, signaling a temporary construction slowdown in a market marked by high costs and weakened demand.
Nonetheless, RH (NYSE:RH) reported a 12% increase in its revenue with an operating margin of 7%. Meanwhile, it reported $34 million in free cash flow. The strong result came on the back of a surge in international demand, with RH England Gallery demand and online sales up by 47% and 44%, respectively. Meanwhile, according to full-year guidance, the company expects revenue growth of 10%-13% with an EBITDA margin of 21%.
RH (NYSE:RH) offers luxury furniture and design across galleries, digital platforms, and international showrooms. It operates through its RH, Waterworks, and Real Estate segments.
1. Schlumberger Limited (NYSE:SLB)
Upside Potential: 43.83%
Billionaire Kerr Neilson has bought over $88 worth of shares in Schlumberger Limited (NYSE:SLB), representing 5.10% of his stock portfolio, securing the company a spot in Billionaire Kerr Neilson’s 10 Stock Picks with Huge Upside Potential.
Bank of America cut down its price target on Schlumberger Limited (NYSE:SLB) from $42 to $40 on July 7, 2025, maintaining a ‘Buy’ rating. The update reflects continued softness in well construction activity in Saudi Arabia and North America. Meanwhile, overall performance for the remaining part of the year is expected to remain steady, indicating operational resilience, according to the analyst.
Furthermore, Schlumberger Limited’s (NYSE:SLB) shift toward digital and low-carbon technologies is drawing investor interest, as this diversification strategy is expected to support its long-term growth beyond traditional oil and gas segments. Meanwhile, the company expects $4 billion in free cash flow in 2025, which is expected to position the company to sustain dividends and share repurchases.
Schlumberger Limited (NYSE:SLB), focused on energy innovation, offers energy technology services across drilling, production and digital systems. Operating through segments like Digital & Integration, Reservoir Performance, Well Construction, and Production Systems, the company supports clients worldwide, from oilfield operators to emerging low-carbon energy developers.
While we acknowledge the potential of SLB 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 SLB and that has 100x upside potential, check out our report about this cheapest AI stock.
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