Michael Burry Stock Portfolio: Top 8 Stock Picks

2. JD.com, Inc. (NASDAQ:JD)

Scion Asset Management’s Stake Value: $20 Million

Number of Hedge Fund Holders: 75

JD.com, Inc. (NASDAQ:JD) is a supply chain-based technology and service provider. It offers computers, communication, consumer electronics products, and home appliances. It was one of the best-performing stocks in Michael Burry’s portfolio, rallying 88% in 2024. Likewise, it has started 2025 on a roll, outperforming the market by a 22% gain.

The company’s competitive advantage comes from its recent focus on expanding service offerings and enhancing logistics capabilities. The company’s primary focus is on seizing growth opportunities in supply chain solutions, online marketplace services, and technological advancements. JD.com, Inc. (NASDAQ:JD) has performed admirably in certain product categories. Growth was seen in the General Merchandise and Electronics & Appliances segments, with robust appliance sales cited as a major factor in the third quarter’s strong performance.

The growth prospects of JD.com, Inc. (NASDAQ:JD) are also being reshaped by its strategic shift toward global partnerships and digital innovation. The Chinese e-commerce behemoth is setting itself up for major growth with a historic partnership with Chilean products that aims to generate five billion RMB in sales and a successful Singles Day promotion that saw a more than 20% increase in shoppers. Notwithstanding market difficulties, the company’s strong third-quarter results, aspirational logistics, and healthcare plans point to unrealized potential.