Tiger Global’s 15 Long-Term Stock Picks

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12. Oklo Inc. (NYSE:OKLO)

Number of Hedge Fund Holders: N/A  

Oklo Inc. (NYSE:OKLO) designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. The stock has surged following reports that the company has signed an agreement to provide nuclear power to data center operator Switch. The two firms released a statement announcing the deal and claimed that it was one of the largest corporate power agreements in history. Under the terms of the deal, Oklo will develop powerhouses across the US and sell energy to Switch through a string of power purchase agreements. Oklo aims to deploy 12 gigawatts of power through 2044.

Oklo Inc. (NYSE:OKLO) is one of the most prominent long-term stock picks of Tiger Global. At the end of the third quarter of 2024, the fund owned more than 3 million shares in the company worth over $24 million, representing close to 0.1% of the 13F portfolio. Tiger Global has made no changes to this stake in the past three quarters. The fund first bought a stake in the firm back in late 2021 at an average share price of just under $10. The stock is presently trading at close to $20 following the Switch deal momentum.

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