Billionaire Stan Druckenmiller’s 10 Stock Picks with Huge Upside Potential

7. Daktronics, Inc. (NASDAQ:DAKT)

Duquesne Capital’s Stake Value: $37.36 million

Analyst Upside as of June 15: 89.78%

Number of Hedge Fund Holders: 14

Daktronics, Inc. (NASDAQ:DAKT) is one of billionaire Stan Druckenmiller’s top stock picks with huge upside potential. Daktronics, Inc. (NASDAQ:DAKT) announced on June 13 that it was engaging into a fourth amendment to its credit arrangement with JPMorgan Chase, which would take effect on June 6. Through this change, the company can obtain Letters of Credit that, under specific circumstances, may mature after the current maturity date of May 11, 2026.

The company’s financial situation, which reflects its careful management style, is shown in its $42.52 million total debt. Additionally, after receiving shareholder approval, Daktronics, Inc. (NASDAQ:DAKT) has successfully reincorporated from South Dakota to Delaware. This move brings the company into compliance with Delaware’s General Corporation Law as of April 17.

Daktronics, Inc. (NASDAQ:DAKT) is an American company that creates, produces, markets, and maintains scoreboards, digital billboards, dynamic message signs, video displays, sound systems, and associated products. These are used in a variety of contexts, including live events, commercial advertising, transit networks, and sports arenas.