Billionaire Larry Robbins’ 10 Stock Picks with Huge Upside Potential

4. Digimarc Corp. (NASDAQ:DMRC)

Glenview Capital’s Stake: $983,400

Number of Hedge Fund Holders: 11

Average Upside Potential as of May 8: 74.55%

Digimarc Corp. (NASDAQ:DMRC) provides digital watermarking solutions. It offers Digimarc Illuminate software as a service cloud-based platform that provides the tools for the application of advanced digital watermarks and dynamic quick response codes, among other similar software. The company offers its solutions to retailers, consumer brands, their suppliers, and related solution providers.

The company’s Retail Loss Prevention, specifically securing Gift Cards, is showing the most immediate revenue growth. This use case, which began in earnest less than a year ago, contributed initial ARR in Q3 2024 and more ARR in Q4 2024. It’s expected to be a meaningful contributor to Digimarc’s 2025 results. Digimarc’s solution not only outperforms existing security measures but also allows for a reduction in total bill of material costs.

Digimarc Corp. (NASDAQ:DMRC) is currently partnering with the two largest industry players as well as multiple large retailers and brands to catalyze adoption in the current calendar year. The company estimates immediate TAM for gift card security to be between $900 million and $1.5 billion per year, with multiple drivers expected to increase this range over time due to the urgent need to combat exponential fraud in this $1 trillion market.