Billionaire Steve Cohen’s 10 Mid-Cap Stock Picks with Huge Upside Potential

6. Performance Food Group Company (NYSE:PFGC)

Upside Potential: 20.17%

Market Cap: $12.90 billion

Performance Food Group Company (NYSE:PFGC) operates in North America and Canada, distributing food and related products. The company is divided into three segments: Foodservice, Vistar, and Convenience, serving over 40,000 clients, including schools, hospitals, government organizations, vending distributors, offices, retailers, and more. PFGC offers a vast portfolio of over 250,000 products, from meats, frozen and refrigerated foods, to dry and fresh groceries, disposable kitchen supplies, and other culinary items. Founded nearly 140 years ago, PFGC has established itself as a major player in the food distribution industry.

To further solidify its market presence, Performance Food Group Company (NYSE:PFGC) acquired Cheney Brothers for $2.1 billion in April 2024, a move that significantly boosted its financial performance. According to Reuters, this acquisition has been integral to PFGC’s growth. The company reported its earnings for the second quarter of 2025, with revenue reaching $15.64 billion, marking a year-on-year increase of nearly 10%. During the fourth quarter of 2024, the hedge fund increased its stake in the company by 31%. The fund owned more than 2.1 million shares of PFGC, representing 0.39% of its portfolio, at a current value of $178.5 million.

Looking towards the future, the company provided guidance of $15.41 billion for the upcoming quarter. Performance Food Group Company (NYSE:PFGC) has established itself as a resilient operator in the food industry. Despite the current economic uncertainty surrounding rising costs of living in the US, analysts have a positive outlook on the stock with an upside of 20.17%.