Billionaire Larry Robbins’ 10 Stock Picks with Huge Upside Potential

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1. Alight Inc. (NYSE:ALIT)

Glenview Capital’s Stake: $220.82 million

Number of Hedge Fund Holders: 42

Average Upside Potential as of May 8: 91.20%

Alight Inc. (NYSE:ALIT) is a technology-enabled services company. It provides Alight Worklife, which is an intuitive and cloud-based employee engagement platform. Its platform services include integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, and retiree healthcare. It also operates AI-led capabilities software.

91% of Alight’s total revenue in Q4 2024 came from recurring revenue. The company made $114 million in total ARR Bookings for the full year 2024, which was up by 18% year-over-year. The sales pipeline for future ARR Bookings is also strong, with a 54% increase. For the full year 2025, Alight projects recurring revenue to be up ~1%, with higher growth rates expected in every quarter year-over-year.

Needham analyst Kyle Peterson recently reaffirmed a Buy rating on the company’s stock with a $9 price target. Peterson is confident as Alight Inc. (NYSE:ALIT) unveiled updated medium-term financial targets that met market expectations. This growth in H2 2024 underscores the strong demand for Alight’s mission-critical employee benefit solutions.

While we acknowledge the growth potential of Alight Inc. (NYSE:ALIT), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ALIT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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