Insider Monkey published Billionaire Jorge Paulo Lemann’s Top 10 Stock Picks. Lemann is a Brazilian billionaire. His equity firm 3G Capital invests primarily in information technology and consumer discretionary stocks.
Here is a summary of Lemann’s pick.
First on Lemann’s list would be Coupa Software Incorporated. Their shares fell because of the shift in investor’s focus; however, Coupa’s stock prices increased by 75% and had a good revenue increase of 47% in Q4. Another company would be ZoomInfo; however, they seem to have underperformed in 2020 and projected in 2021. Despite this, revenue growth appears to be good for them as it grew by 50% and is expected to receive up to $655 million.
A permanent member of 3G Capital’s portfolio would be Microsoft Corporation. Shares have extended the upside momentum in 2021, enlarging the twelve months gains to almost 70%. Another company with good performance would be Amazon because of the strong revenue and sales during the pandemic year. However, the stock price seems to be underperforming.
ServiceNow, Inc is a software systems provider. Their shares fell by almost 14% at the start of 2021. On the other hand, Square Inc and the payment technology company saw an increase in their shares by 450%.
Lemann also invests big in Snowflake Inc. This cloud-based data platform failed to sustain some gains in 2021, which caused a decline in their stick prices by 21%. Bill.com Holdings, Inc rose by 287% over the past twelve months. The company is said to continue its momentum and garner good revenue at the end of the year.
The top 2 companies on Lemann’s list would be Sea Limited. An information technology company whose shares increased by a whopping 465% over the past 12 months, and Carvana Co., an e-commerce platform in the automotive industry. The company’s shares rose by 33%.
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