Billionaire Stan Druckenmiller’s Top 5 Stock Picks

In this article we discuss Billionaire Stan Druckenmiller’s Top 5 Stock Picks. If you want to read our detailed analysis of Stanley Druckenmiller’s investment philosophy, go directly to Billionaire Stan Druckenmiller’s Top 10 Stock Picks.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at the Druckenmiller’s top 5 stock picks:

5. Freeport-McMoRan Inc. (NYSE: FCX)

Value: $163,520,000
Change in Position Size: -1%
Percent of Stan Druckenmiller’s 13F Portfolio: 4.4%

Arizona-based Freeport-McMoran is a mining company with operations in several regions including Indonesia, North and South America. Its Indonesian gold and copper production imports are expected to provide rapid growth for the company this year. The company currently has a $53.9 billion market capitalization. It delivered a spectacular 277.50% return in the past 12 months and settled at $37.89 per share at the closing of February 24, 2021.

As of the end of the fourth quarter, there were 61 hedge funds in Insider Monkey’s database that held stakes in Freeport-McMoran, compared to 57 funds in the third quarter. Fisher Asset Management, with 42.8 million shares of FCX, is the biggest stakeholder in the company.

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