In this article, we will take a look at 5 stocks with 50% upside potential according to analysts. To read our analysis of the recent market activity, you can go directly to see the 10 Stocks with 50% Upside Potential According to Analysts.
5. Yum China Holdings, Inc. (NYSE:YUMC)
Market Capitalization as of December 8: $16.43 Billion
Stock Upside Potential: 60%
Number of Hedge Fund Holders: 29
Yum China Holdings, Inc. (NYSE:YUMC) is a consumer cyclical company that operates and franchises restaurants in China. The company operates through KFC, Pizza Hut, and Other segments. Yum China Holdings, Inc. (NYSE:YUMC) also works with V Gold Mall, a mobile e-commerce platform that sells electronics, home, and kitchen accessories.
Yum China Holdings, Inc. (NYSE:YUMC) has been one of the laggards, going down 29% year to date. However, it comes with a 1.30% dividend yield, and analysts rate it as a Buy. Yum China Holdings, Inc. (NYSE:YUMC) boasts an average $63.93 price target, implying a 60% upside potential.
As of Q3 2023, 29 hedge funds out of the more than 910 hedge funds tracked by Insider Monkey held shares of Yum China Holdings, Inc. (NYSE:YUMC), valued at 853.16 million. GuardCap Asset Management was the largest shareholder in Yum China Holdings, Inc. (NYSE:YUMC), owning 8.63 million shares.
Here is what Cooper Investors said about Yum China Holdings, Inc. (NYSE:YUMC) in its Q3 2023 investor letter:
“Regarding China, global investor sentiment has soured further in recent months. The implosion of the commercial real estate market hit headlines again as the founder of a large property developer was detained by police. Our experience suggests Value Latency may emerge when markets are labelled ‘uninvestable’, as China now is for many. We see this today with our investment in Yum China Holdings, Inc. (NYSE:YUMC), a consumer Stalwart that owns and operates KFC and Pizza Hut locations in the country.…” (Click here to read the full text)
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4. First Solar, Inc. (NASDAQ:FSLR)
Market Capitalization as of December 8: $15.35 Billion
Stock Upside Potential: 61%
Number of Hedge Fund Holders: 49
First Solar, Inc. (NASDAQ:FSLR) is a technology company that provides photovoltaic solar energy solutions. The company designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. First Solar, Inc. (NASDAQ:FSLR) also serves developers and operators of systems, utilities, independent power producers, and industrial companies.
In the third quarter of 2023, 49 hedge funds held a stake in First Solar, Inc. (NASDAQ:FSLR), compared to 51 in the previous quarter. Robert Pohly’s Samlyn Capital was the most significant shareholder of First Solar, Inc. (NASDAQ:FSLR), with shares worth $293.63 million.
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3. H World Group Limited (NASDAQ:HTHT)
Market Capitalization as of December 8: $10.94 Billion
Stock Upside Potential: 63%
Number of Hedge Fund Holders: 28
Shanghai China-based H World Group Limited (NASDAQ:HTHT) is a company that develops leased owned and franchised hotels. H World Group Limited (NASDAQ:HTHT) operates hotels under its brand, including Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, and Ibis Styles Hotel.
H World Group Limited (NASDAQ:HTHT) is down by 19%, underperforming the S&P 500, which is up by about 21%. However, it is rated as a Buy with a $57.12 price target, implying a 63% upside potential from current levels. H World Group Limited (NASDAQ:HTHT) also comes with a 1.77% dividend yield.
As of September 2023, 28 out of the 910 hedge funds tracked by Insider Monkey had invested in H World Group Limited (NASDAQ:HTHT).
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2. Royalty Pharma plc (NASDAQ:RPRX)
Market Capitalization as of December 8: $17.16 Billion
Stock Upside Potential: 69%
Number of Hedge Fund Holders: 31
Based in New York, Royalty Pharma plc (NASDAQ:RPRX) is a buyer of biopharmaceutical royalties and a funder in the biopharmaceutical industry. The company identifies, evaluates, and acquires royalties on various biopharmaceutical therapies.
Royalty Pharma plc (NASDAQ:RPRX) collaborates with academic institutions, research hospitals, and not-for-profits to acquire therapies and development-stage product candidates. A big chunk of Royalty Pharma plc (NASDAQ:RPRX) revenue comes from fibrosis drugs. The company provides investors with an attractive dividend yield of 2.6%, significantly higher than the S&P 500 average of 1.5%. The stock is rated as a Buy with a $48.75 price target, implying 69% upside potential.
As of the end of the third quarter of 2023, 31 hedge funds tracked by Insider Monkey had stakes in Royalty Pharma plc (NASDAQ:RPRX). The biggest stakeholder of Royalty Pharma plc (NASDAQ:RPRX) during this period was Phill Gross and Robert Atchinson’s Adage Capital Management, which owns a $267.06 million stake in the company.
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1. Alibaba Group Holding Limited (NYSE:BABA)
Market Capitalization as of December 8: $183.50 Billion
Stock Upside Potential: 72%
Number of Hedge Fund Holders: 110
Alibaba Group Holding Limited (NYSE:BABA) is one of China’s largest internet companies, boasting a diversified business empire spanning various high-growth sectors. Alibaba Group Holding Limited (NYSE:BABA) is best known as an e-commerce heavyweight offering platform that connects merchants and customers to do business.
Analysts rate Alibaba Group Holding Limited (NYSE:BABA) as a Strong Buy with a $124.74 price target, implying a 72% upside potential from current trading levels.
As of Q3 2023, Alibaba Group Holding Limited (NYSE:BABA) shares were held by 110 prominent hedge funds. Ken Fisher’s Fisher Asset Management was the largest hedge fund shareholder on record, with ownership of 3.85 million shares valued at $334.26 million.
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