We recently published a list of Billionaire Mason Hawkins’ 10 Mid-Cap Stocks with Huge Upside Potential. In this article, we are going to take a look at where SharkNinja, Inc. (NYSE:SN) stands against other billionaire Mason Hawkins’ mid-cap stocks with huge upside potential.
Billionaire Mason Hawkins is the founder and chairperson of Southeastern Asset Management. We recently covered Billionaire Mason Hawkins’ 10 Small-Cap Stocks with Huge Upside Potential, discussing his value investment strategy. Here’s a piece from the article:
“Value investment is an investment strategy that employs buying stocks of well-managed and quality companies at prices significantly below their intrinsic value. The core of Hawkins’ strategy is to purchase equities when their market price is no more than 60% of the firm’s appraisal of their intrinsic value. Value investors believe that the market overreacts to economic news, which leads to movement in stock prices, however, this news does not affect the long-term fundamentals of a company. Therefore, investors like Mason Hawkins do not follow the herd and use financial research and analysis to find quality companies. Value investors are also known for holding companies for the long term, but also actively ferret out stock that the market is underestimating.
Hawkins’ disciplined and research-based investment strategy has earned him widespread recognition. He achieved Investor’s Lifetime Achievement Award in 2005 and was also named Domestic Equity Fund Manager of the Year by Morningstar in 2006.”
Mason Hawkins is one of the key figures for value investment literature. He has been a keynote speaker for the Value Investment Conference at the Ben Graham Centre for Value Investing, where he discussed how a company has to be fit both qualitatively and quantitatively. Hawkins noted that Benjamin Graham, who is known as the father of value investing, talked about all great investments being a qualitative and quantitative fit, the quantitative nature being judged by the Price to Value ratio, whereas qualitative health being judged by the competitiveness of the business and the quality of your partner. He further explained that investors should look at businesses that are likely to get better with time, not vice versa. Moreover, on the management side, investors should look at the partners that are running the company and their ability to generate free cash flow and reinvest it very intelligently.
Hawkins also has a famous quote related to Graham’s strategy, which has been cited in a renowned book, The Art of Value Investing: How the World’s Best Investors Beat the Market by John Heins and Whitney Tilson.
“Our view is simply that superior long‐term investment performance can be achieved when financially strong, competitively entrenched, well‐managed companies are bought at prices significantly below their business value and sold when they approach that corporate worth. The quantitative piece of that is that we only want to buy when we can pay less than 60 percent of a conservative appraisal of a company’s value, based on the present value of future free cash flows, current liquidation value and/or comparable sales.”
This qualitative and quantitative value investment strategy is reflected in Southeastern Asset Management’s strategies. The fund has a concentrated stock portfolio of only 40 to 50 companies. Let’s now take a look at stocks with huge upside potential from Billionaire Mason Hawkins’ portfolio.
Our Methodology
To compile the list of billionaire Mason Hawkins’ 10 mid-cap stocks with huge upside potential, we sifted through 13F filings of Southeastern Asset Management, from Insider Monkey. From these filings, we checked each stock’s upside potential from CNN and ranked the stocks in ascending order of the upside potential. We have also added the stake Southeastern Asset Management holds in each company and the hedge fund sentiment around each stock. Please note that the data was recorded on May 4, 2025. Also note that for this article, we have defined mid-cap companies as those with a market capitalization between $10 billion to $55 billion.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
SharkNinja, Inc. (NYSE:SN)
Market Capitalization: $11.81 billion
Number of Hedge Fund Holders: 63
Southeastern Asset Management Stake: $42,681,845
Analyst Upside Potential: 39.49%
SharkNinja, Inc. (NYSE:SN) is a leading product design company. It operates through two main business segments, which are also its well-known brands, called Shark and Ninja. The company is known for its innovative design categories and has more than 31 household subcategories.
SharkNinja, Inc. (NYSE:SN) grew its net sales by 29.7% during the fiscal fourth quarter of 2024 to reach $1.79 billion. This was driven by growth across its main categories, which are Cooking and Beverage Appliances, Food Preparation Appliances, Cleaning Appliances, and Beauty and Home Environment Appliances. As a result of operational discipline, the gross profits also improved to reach $839.5 million, reflecting a 34.8% increase year-over-year.
Earlier on April 11, Alexander Perry from Bank of America Securities maintained a Buy rating on the stock with a price target of $120, stating that the company can gain market share by outperforming its competitors in growth. In addition, SharkNinja, Inc. (NYSE:SN) has also reduced the impact of tariffs by changing its production regions. It is one of billionaire Mason Hawkins’ 10 mid-cap stocks with huge upside potential.
Munro Global Growth Small & Mid Cap Fund stated the following regarding SharkNinja, Inc. (NYSE:SN) in its Q4 2024 investor letter:
“SharkNinja, Inc. (NYSE:SN) contributed -34bps to Fund performance for the quarter. SharkNinja, based in Needham Heights, Massachusetts, is a leading designer and marketer of electrical household appliances.
Originally known for its vacuums and long infomercial advertising across late hours of the night, SharkNinja has transformed itself into a leading household appliance company, continuing to move laterally into new areas of the home. Their proposition is simple, create innovative, best-in-class products at price points that attract all consumer demographics. SharkNinja is the epitome of positive customer perception, one of the six qualitative characteristic traits in Munro’s investment process.
Roughly 12 months ago, fresh off its IPO, SharkNinja remained an undiscovered story, trading at less than 15x earnings. The company had forecasted its revenue to grow by 7-9% in 2024. Fast forward to today, the company is really catching the eye of consumers on a global scale, which has led to a big acceleration in revenue, likely, in our view, to be over 30% for 2024 when the company reports its result in mid-February.…” (Click here to read the full text)
Overall, SN ranks 1st on our list of billionaire Mason Hawkins’ mid-cap stocks with huge upside potential. While we acknowledge the potential of SN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
