Billionaire Mason Morfit’s 10 Stock Picks with Highest Upside Potential

8. Expedia Group, Inc. (NASDAQ:EXPE)

Potential Upside: 11.38%

Number of Hedge Fund Holders: 72

Expedia Group, Inc. (NASDAQ:EXPE) runs global travel sites like Expedia, Vrbo, and Hotels.com. It provides a wide range of services, from hotel bookings to flight packages. With a strong B2B network and AI focus, it is a key holding for Mason Morfit.

Furthermore, at 8.56% of Morfit’s portfolio, with stakes worth $375.9 million, Expedia Group, Inc. (NASDAQ:EXPE) stands out as a major stock. The company closed 2024 strong with Q4 bookings hitting $24.4 billion, up 13% year-over-year. Meanwhile, revenue grew 10% to $3.2 billion, with B2B jumping 21% to make up over a quarter of all bookings. Brand Expedia saw mid-teen growth in room nights, while Vrbo and Hotels.com returned to growth.

The company’s efficiency efforts are paying off, with Q4 EBITDA growing 21% to $643 million, and 2024 free cash flow reached $2.3 billion, up 26%. Expedia Group, Inc. (NASDAQ:EXPE) bought back 12.1 million shares in 2024 and started paying dividends again in March 2025 at $0.40 per share.

On April 24, 2025, Expedia pushed into the Middle East, launching a major expansion of its Travel Agent Affiliate Program (TAAP) in the UAE. Through this expansion, it is partnering with Emirates, Adeera, and tourism boards from Jordan, Abu Dhabi, and Oman. These moves not only boost the company’s B2B reach but also open it up to grow in travel markets.

With solid finances, expanding global reach, and smart tech investments, Expedia Group, Inc. (NASDAQ:EXPE) looks ready for long-term growth as a high-conviction pick in Mason Morfit’s stock portfolio.