Group 1: Michael Burry's Investment Performance - Michael Burry has continued to invest successfully in the stock market, with several holdings outperforming benchmark indices like the S&P 500 in 2024 [1] - RealReal (NASDAQ: REAL) has shown a significant year-to-date increase of 68.53% [1] Group 2: Baidu (NASDAQ: BIDU) - Baidu is positioned for strong performance in 2024, working to reduce reliance on foreign semiconductors and entering a deal with Tesla for self-driving car maps [2] - Analysts rate Baidu as a 'strong buy,' with an average price target of $142.84, indicating a potential upside of 45.84% [2][3] - The highest price target for Baidu is $181.69, while the lowest is $81.91, suggesting a forecast downside of 16.37% [2][3] Group 3: JD.com (NASDAQ: JD) - JD.com is the largest holding in Burry's portfolio, with expectations for significant returns despite past performance not being lucrative [4] - The stock is rated as a 'buy' by 6 experts and 'strong buy' by 32, with a 12-month price target of $40.45, reflecting a potential increase of 51.15% [4][5] - The highest price target for JD.com is $69.50, indicating a potential upside of 159.73%, while the lowest is $15.74, suggesting a downside of 41.17% [5] Group 4: Vital Energy (NYSE: VTLE) - Vital Energy is currently down 4.42% year-to-date but is expected to rise significantly in the coming months [6] - The stock has a diverse rating distribution, with 6 'strong buys,' 2 'buys,' 4 'holds,' and 1 each of 'sell' and 'strong sell' [6][8] - The average price target for Vital Energy is $65.43, indicating a potential increase of 51.42%, with the most bullish prediction reaching $105 per share [6][7]
Michael Burry's top 3 stocks for the end of 2024