Stocks To Sell According To Billionaire Daniel Sundheim


Heir to D1 Capital Partners, Daniel Sundheim is an American hedge fund billionaire. When compared to its competitors, the firm is relatively young, in its 40s and 50s, and has a portfolio worth billions of dollars. D1 Capital was founded in 2018 by Mr. Sundheim. The hedge fund’s name was inspired by the management philosophy of, Inc. founder Jefferey Bezos. According to Forbes Magazine, the billionaire is worth $2.5 billion as of December 2021.

Here is Insider Monkey’s list of the 10 stocks to sell according to billionaire Daniel Sundheim. During the third quarter, Futu Holdings Limited generated $222 million in revenue and $0.50 in GAAP EPS. In October 2021, Morgan Stanley reduced the company’s price target to $71.56 citing regulatory delays as a reason for the decreased confidence in the stock’s future value. NASDAQ: BZ-listed Kanzhun Limited is a Chinese company that runs an internet-based platform for finding new employees. During the third quarter of 2021, D1 Capital sold 525,000 shares worth $20.8 million. At Goldman Sachs’ July 2021 price target, the company’s stock will be worth $41. After generating $1 billion in revenue, Bright Health Group, Inc. missed analyst expectations for EPS but beat them for revenue. In December 2021, Morgan Stanley lowered its price target for the stock from $5 to $4. TUYA is a cloud platform provider for the Internet of Things (IoT). 2.8 million shares worth $25 million are owned by the Tiger Global Management LLC of Chase Coleman and Feroz Dewan. For more details, click 10 Stocks To Sell According To Billionaire Daniel Sundheim.