15 Best Stocks to Invest In According to Billionaire D.E. Shaw

Core Insights - The article discusses the best stocks to invest in according to billionaire D.E. Shaw, highlighting the hedge fund's successful navigation through market uncertainties and its impressive returns in 2024 [1][2][4]. Investment Strategy - D.E. Shaw employs a strategy of deep buying during market pullbacks, which has contributed to the recovery of equity markets and record highs despite challenges like US tariffs and trade wars [1][2]. - The hedge fund's investment portfolio reflects a balance between diversification and concentrated bets on transformative companies, indicating a strong confidence in technology and data to enhance returns [4]. Fund Performance - The Oculus fund, D.E. Shaw's second-largest fund, achieved a 4.6% gain in July, doubling its year-to-date return to 9.6%, while the flagship multi-strategy Composite fund gained 1.5% in July, bringing its year-to-date returns to 9.3% [3]. - The multi-strategy composite fund generated an 18% return in 2024, with the Oculus fund soaring 36% [4]. Stock Highlights - AerCap Holdings N.V. (NYSE:AER) reported a robust third-quarter net income of $1.216 billion and adjusted earnings of $865 million, raising its full-year adjusted EPS guidance to $13.70 [9][10]. - Roblox Corporation (NYSE:RBLX) posted third-quarter bookings of $1.92 billion, a 70% increase year-over-year, with revenue growing 48% to $1.36 billion [14][15]. Methodology - The article outlines the methodology for selecting the best stocks, which involved scanning D.E. Shaw's portfolio and analyzing stock performance from the end of Q2 to October 28, along with broader hedge fund sentiment [7][8].