Billionaire Mason Hawkins’ 10 Mid-Cap Stocks with Huge Upside Potential

5. XPO, Inc. (NYSE:XPO)

Market Capitalization: $12.93 billion 

Number of Hedge Fund Holders: 45 

Southeastern Asset Management Stake: $2,095,777 

Analyst Upside Potential: 13.91% 

XPO, Inc. (NYSE:XPO) is an international provider of freight transportation and logistics services. The company focuses on moving goods with a special focus on less-than-truckload shipping. Its key business segments include North America and European Transportation. Moreover, the company also provides additional services such as contract logistics, technology-driven solutions, and other delivery-related specialized solutions.

XPO, Inc. (NYSE:XPO) had a difficult first quarter for fiscal 2025, due to a softer market. The company reported revenue of $1.95 billion, reflecting a 3.2% decrease. The adjusted EBITDA also took a hit and dropped 3.5% from the prior year. However, on the bright side, the operating income improved by 9.4%, showing operational excellence despite tough conditions.

Management noted that they achieved a record-low damage claims of 0.3% and marked its 12th consecutive quarter of year-over-year improvement in on-time performance. Moreover, the company also expanded its network by opening new service centers, which reduced freight handling and transit miles, improving both customer outcomes and cost efficiency. Its strategic investment in proprietary AI technology and other services is expected to contribute to long-term growth. XPO, Inc. (NYSE:XPO) is one of billionaire Mason Hawkins’ 10 mid-cap stocks with huge upside potential.