Billionaire George Soros Stock Portfolio: Top 10 Stock Picks

1. Smurfit Westrock Plc (NYSE:SW)

Soros Fund Management’s stake as of Q3: $340.84 million

Smurfit Westrock Plc (NYSE:SW) is a global leader in the paper packaging industry, producing a wide range of products, including shipping boxes and retail displays. With paper mills and box plants in 40 countries, the company has a substantial global footprint. The company also manages more than 300,000 acres of forested land.

The company reported impressive results in its first quarter report. Sales for the period between July and September reached $7.67 billion, nearly tripling from the previous year. A massive portion of this increase can be credited to the acquisition of WestRock, which contributed approximately $4.69 billion to total sales. That said, even without the merger, the growing demand for packaging solutions has led to increased orders across a number of sectors.

On November 25, JPMorgan maintained its Overweight rating on Smurfit Westrock Plc (NYSE:SW), alongside a price target of $65 for the stock. The firm’s positive outlook follows key takeaways from the UK Leaders Conference, where Smurfit Westrock Plc (NYSE:SW) was actively involved. Although market conditions in Europe are seen as challenging, with low volumes and an oversupply issue, the U.S. market paints a more favorable picture. JPMorgan’s recommendation for Smurfit Westrock Plc (NYSE:SW) remains focused on not only the current market cycle, but on expected structural improvements in its legacy business.

While we acknowledge the potential of SW, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than SW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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