We recently released a list According to billionaires, 10 best new stocks can be purchased. In this article, we will look at Sharkninja, Inc. (NYSE:SN) With other best new stocks representing the place to buy.
International IPO activities in the first quarter of 2025 are characterized by geopolitical shifts and serious uncertainty arising from changing tariff policies around the world. According to EY Global's April 10, 2025 report, the global IPO market remained stable in terms of quantity, but value grew by 20%. There were 291 IPOs in the first quarter of 2025, with a total value of US$29.3 billion. It is worth noting that the United States is the key player as it released its third Q1 performance, with a total of 59 lists. On the other hand, the Asia-Pacific market also showed signs of recovery, while the European Elderly region remained stable year-on-year.
The current global macroeconomic environment brings challenges and opportunities to global IPOs. For example, tariff policies and ongoing trade wars have raised inflation expectations and created uncertainty about monetary policy. On the other hand, geopolitical tensions have led to increased global budget spending, resulting in a surge in investment from the Department of Aerospace and Defense. EY Global's report expects a surge in IPO activity in the segment. In addition, the disruptive trends in artificial intelligence allow IPO candidates to use the technology to enhance their market strategies and products. According to the report, AI technology has begun to become an integral part of companies that operate in the financial, health and life sciences industries.
Although the number of IPOs in the U.S. market has increased by 51% compared to 2024, the future seems uncertain. George Chan, head of EY Global IPO, stressed that the growth in IPO activity in the first quarter is amid the optimistic market outlook at the beginning of the year. However, many companies planning to plan their IPOs in the first or second quarter of this year have delayed their public offerings until later or 2026. Chan suggests that it is important for investors to find companies with unshakable fundamentals, agility and adaptability to make the market uncertain.
To curate the 10 best new stock lists based on billionaires, we used Finviz Stock Filter and Insider Monkey’s Q4 2024 Billionaire Database. Using filters, we summarize a list of companies that have been published in the past two years. After sorting the list by market value, we rank each stock in the order of rising number of billionaires investors. We also added hedge fund sentiment around each stock. Please note that the data was recorded on April 25, 2025. Also, note that if two or more stocks have an equal number of billionaire investors, we use market cap as a hitter.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Close-up of consumer electronics products with company logo on product label.
Market value: US$1.1127 billion
Number of hedge fund holders: 63
Number of billionaires: 13
Total value held by billionaires: $202,286,932
Sharkninja, Inc. (NYSE:SN) is an international product design and technology company that specializes in providing lifestyle solutions to consumers. It is known for its aggressive innovative strategies that disrupt new product categories with innovative designs. The company operates through two major brands, namely Shark and Ninja, and has more than 31 family subcategories.
On April 11, Alexander Perry of Bank of America Securities maintained a buy rating for the stock at a price of $120. Analysts noted that Sharkninja, Inc. (NYSE:SN) point-of-sale data showed significant year-on-year growth with no signs of slowing down. Most importantly, the company can gain market share and outperform market growth. In addition, the company mitigated tariff risks in China and Southeast Asia by transferring its production to other regions.
In the fourth fiscal year 2024, Sharkninja, Inc. (NYSE:SN) net sales increased by 29.7% to $1.79 billion. This is driven by the growth of four major categories, including cleaning equipment, cooking and beverage equipment, food preparation equipment, and beauty and home environment equipment. It is worth noting that the company's gross profit increased by 34.8% year-on-year to $839.5 million. Going forward, management expects its net sales to grow by 10% to 20% year-on-year. According to the billionaire, it is one of the best new shares to buy.
Munro Global Growth Small & Mid Cap Fund said about Sharkninja, Inc. (NYSE:SN) Q4 2024 Investor Letter:
“Sharkninja, Inc. (NYSE:SN) provided a -34bps contribution to performance for the quarter. Sharkninja, based in Needham Heights, Massachusetts, is a leading designer and marketer of electrical appliances.
Overall, sn Ranked third According to billionaires, among the best new stocks we buy. Although we acknowledge the growth potential of SN, our belief is that AI stocks have higher returns and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than SN, but their earnings are trading at less than 5 times the price, check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Inside monkey.