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Citrone’s Top 5 Stock Picks

In this article, we discuss Citrone’s top 5 stock picks. To read the detailed analysis of Citrone’s hedge fund, go directly to Citrone’s Top 15 Stock Picks.

5. iShares MSCI Australia ETF (NYSEARCA:EWA)

Discovery Capital Management’s Equity Stake: $31.6M

Discovery Capital increased its hold in iShares MSCI Australia ETF by 1900% in during the last quarter of 2023. As of the end of December 2023 the hedge fund had a $32 million stake in the ETF.

4. StoneCo Ltd. (NASDAQ:STNE)

Discovery Capital Management’s Equity Stake: $40.3M

StoneCo Ltd. (NASDAQ:STNE) is one of Citrone’s top stock picks in the technology sector, specializing in offering financial technology and software solutions to merchants and integrated partners. StoneCo Ltd. (NASDAQ:STNE)’s solutions power electronic commerce across in-store, online, and mobile channels.

StoneCo Ltd. (NASDAQ:STNE) was up by over 90% in 2023, with most gains coming in the fourth quarter.

Here is what Nordstern Capital said about StoneCo Ltd. (NASDAQ:STNE) in its Q1 2023 investor letter:

“StoneCo Ltd. (NASDAQ:STNE): (STNE, share price increased + 1% in 1Q 2023)

The card association in Brazil has indicated that the industry should grow between 14% and 18% this year. And we expect to continue to gain market share.” – Thiago dos Santos Piao, Director and former CEO StoneCo Ltd

STNE’s transformation is progressing well. New key personnel have joined, the board and management have strengthened. Cash flows are growing, margins are increasing, the client base and market share keep expanding. The company is all set to restart its lending business in the second half of 2023.

In our view, despite all the changes, STNE still offers best-in-class service coupled with lower pricing than the industry and continues to drive high customer satisfaction…” (Click here to read the full text)

3. Hertz Global Holdings, Inc. (NASDAQ:HTZ)

Discovery Capital Management’s Equity Stake: $45.14M

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is Citrone’s top stock pick in the industrial sector, operating as a vehicle rental company. The company offers rental services under the Hertz Dollar and Thrifty brands. Hertz Global Holdings, Inc. (NASDAQ:HTZ) has benefited from the opening of the global economy by easing COVID-19 restrictions that restricted movements.

Follow Hertz Global Holdings Inc (NASDAQ:HTZ)

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2.  Grupo Televisa, S.A.B. (NYSE:TV)

Discovery Capital Management’s Equity Stake: $49.88M

Grupo Televisa, S.A.B. (NYSE:TV) is a communication services company that operates as a media company in Spanish-speaking Mexico. Grupo Televisa, S.A.B. (NYSE:TV) operates a multiple cable system that offers basic and premium television subscription pay-per-view installation, internet subscription, and mobile services.

Grupo Televisa, S.A.B. (NYSE:TV) remains one of Citrone’s investments in Latin America, as the company offers its services in Mexico. Grupo Televisa, S.A.B. (NYSE:TV) underperformed the overall market, going down by 26% in 2023.

Here is what Oakmark Funds said about Grupo Televisa, S.A.B. (NYSE:TV) in its first-quarter 2023 investor letter:

“With the exceptions of Credit Suisse and Grupo Televisa, S.A.B. (NYSE:TV), the remaining sales were simply a function of price and value converging favorably. David Herro discussed the sale of Credit Suisse in his letter. Grupo Televisa had perennially disappointed us fundamentally, and we determined there were better alternatives where we had more confidence in a good outcome.”

Follow Grupo Televisa S.a.b. (NYSE:TV)

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1. Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Discovery Capital Management’s Equity Stake: $85M

Vista Energy, S.A.B. de C.V. (NYSE:VIST) has been Citrone’s top stock pick for the longest time, offering exposure in the energy sector. The company engages in the exploration and production of oil and gas in Latin America. 

Vista Energy, S.A.B. de C.V. (NYSE:VIST) has turned out to be one of the best investments since making the first investment in the first quarter of 2022. Currently, the hedge fund owns an $85 million stake in the company.

Follow Vista Energy S.a.b. De C.v. (NYSE:VIST)

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Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get  the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on 12 Cheapest Stocks in Warren Buffett’s Portfolio for 2024 and Top 15 Value Stocks to Buy for 2024.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

Since March 2017, my stock picks have returned 16.5% annually. Today, I’ve found an opportunity even bigger than my British American Tobacco call.

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We looked under the cover and realized they were wrong.

We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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