Billionaire Chase Coleman’s Tiger Global Management Is Betting Big On These Stocks

#3 JD.Com Inc (ADR) (NASDAQ:JD)

– Shares Owned by Tiger Global Management LLC (as of December 31): 59.62 million

– Value of Holding (as of December 31): $1.92 billion

Tiger Global Management increased its stake in JD.Com Inc (ADR) (NASDAQ:JD) by 3% during the fourth quarter. The company was among the best performing large cap Chinese stocks during the fourth quarter with its shares appreciating by nearly 24% during that period. However, amid a meltdown in Chinese equities this year, JD.Com Inc (ADR) (NASDAQ:JD) has given up all of those gains and currently trades down 20% year-to-date. The company is scheduled to report its fourth-quarter earnings early next month and analysts are expecting a loss of $0.12 per share on revenue of $51.93 billion. For the same quarter of the previous year, the company had reported a per share loss of $0.01 on revenue of $5.60 billion. On January 22, analysts at Nomura upgraded the stock to a ‘Buy’ from ‘Neutral’ and also raised their price target to $35 from $27.

#2 Netflix, Inc. (NASDAQ:NFLX)

– Shares Owned by Tiger Global Management LLC (as of December 31): 18 million

– Value of Holding (as of December 31): $2.06 billion

Tiger Global Management didn’t make any changes to its stake in Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter and its stock rose by 11.3% during the same period. Even though last year was amazing for Netflix, Inc. (NASDAQ:NFLX) with its stock climbing over 125%, this year hasn’t started on a favorable note as the stock has declined by 17% year-to-date. Due to the excessive valuation the stock is trading at, rising content costs, in addition to the high level of debt and weakness in credit markets, several analysts feel that it can fall further in the next couple of months. On February 12, analysts at FBR & Co. downgraded the stock to ‘Market Perform’ from ‘Outperform’ and also reduce their price target by 20% to $100. After having initiated a stake in Netflix during the third quarter, Andreas Halvorsen’s Viking Global increased it by 73% to 7.84 million shares during the October-December period.

#1 Amazon.com, Inc. (NASDAQ:AMZN)

– Shares Owned by Tiger Global Management LLC (as of December 31): 3.2 million

– Value of Holding (as of December 31): $2.16 billion

The 32% rise in Amazon.com, Inc. (NASDAQ:AMZN)’s stock during the fourth quarter propelled the company to the top spot in Tiger Global Management’s equity portfolio at the end of December, while the fund kept its stake unchanged. Amazon.com, Inc. (NASDAQ:AMZN)’s stock surged by some 125% during 2015, but has lost 21% year-to-date. However, analysts optimistic on Amazon.com mainly because of the strong results reported for the fourth quarter, which was the third quarter in a row when Amazon.com reported a profit with EPS of $1.00, its quarterly revenue increased by nearly 22% year-over-year to $35.75 billion. Moreover, the company revealed that its cloud business is doing phenomenally well with a 69% year-over-year increase in quarterly revenue to $2.38 billion and operating margins of 28.5%. Billionaire Ken Fisher’s Fisher Asset Management sold a paltry 916 shares of the company during the fourth quarter, to bring its total holding in Amazon.com down to slightly below 2.5 million shares.

Disclosure: None