Billionaire Paul Tudor Jones’ 10 Stocks Picks with Huge Upside Potential

3. Micron Technology, Inc. (NASDAQ:MU)

Tudor Investment Corporation Equity Stake: $25.03 Million

Stock Upside Potential as of May 7: 55.97%

Number of Hedge Fund Holders: 94

Micron Technology, Inc. (NASDAQ:MU) is a technology company that specializes in the development of memory and storage technology used in a wide range of products, including data centers, PCs, mobile devices, and automotive. While the stock has pulled back by about 8% year to date, analysts at JPMorgan remain bullish about its prospects, given its minimal exposure to specific stock keeping units (SKUs) affected by regulatory actions in China.

The company continues to outperform the overall sector, given its small exposure to the H20 and H20e SKUs. While Micron Technology, Inc. (NASDAQ:MU) has shipped a limited amount of high-performance memory in China due to regulatory restrictions by the Cyberspace Administration of China (CAC). JPMorgan insists there are tremendous opportunities around AI that it can still unlock in China. Therefore, Micron Technology is expected to achieve revenue growth of up to 41% in FY2025.

The remarks come from Micron Technology, Inc. (NASDAQ:MU), delivering impressive second-quarter fiscal 2025 results. Revenue totaled $8.05 billion against $5.82 billion delivered the same quarter last year. Net income was $1.78 billion, or $1.56 a share. The better-than-expected results came as data center revenue tripled as the company benefited from the AI boom. Micron Technology expects record quarterly revenue in fiscal Q3 FY2025, attributed to strong demand for DRAM and NAND in data center and consumer-oriented markets.