United Airlines Holdings, Inc. (UAL): Among Billionaire Ken Griffin's Midcap Stock Picks with Huge Upside Potential

We recently published a list of Billionaire Ken Griffin’s 10 Midcap Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where United Airlines Holdings, Inc. (NASDAQ:UAL) stands against Billionaire Ken Griffin’s other midcap stock picks with huge upside potential.

Ken Griffin, the founder of Citadel, is an influential albeit controversial figure in the investment industry. Ken Griffin tasted early success while trading during his college days, and it is safe to say that he has never looked back since. Despite huge setbacks during the financial crisis of 2008, he used his skills and determination to make a comeback where many others would have simply closed the fund and moved on.

The billionaire investor currently manages assets worth around $65 billion across his funds. Owing to its large size and track record of success, Ken Griffin’s stock moves often make it to the news and are closely followed by investors. We decided to do the same, focusing on Mid-cap stocks that still had the potential to turn into established giants tomorrow.

To come up with the list of billionaire Ken Griffin’s 10 midcap stock picks with huge upside potential, we looked at his latest 13F holdings and, among his significant holdings, only considered stocks between $10 billion and $40 billion in market cap. We then looked at the average analyst price target on Wall Street and ranked the stocks according to their upside potential.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

United Airlines Holdings, Inc. (NASDAQ:UAL)

Stock Upside Potential: 22.86%

Citadel Investment Group’s Stake: $548,207,180

United Airlines Holdings, Inc. (NASDAQ:UAL) is an air transportation services provider. It transports cargo and people through the regional fleet and its mainline. The company also provides maintenance, ground handling, frequent flyer award non-travel redemptions, and flight academy services. The firm was among the weekly top 5 industrial gainers last week as it saw a 5.66% surge by week’s end.

As per recent news, United Airlines (NASDAQ:UAL) is in talks with JetBlue Airways to partner up. The partnership is expected to focus on improving loyalty programs and customer connectivity. However, the details of this collaboration have not been disclosed yet. The company has already experienced rejection from a federal judge regarding its collaboration with American Airlines. So it’s no surprise that the airline is taking its time this time around to avoid any regulatory hurdles.

The firm also reaffirmed its FY 2025 guidance last month. Based on stable current booking trends, the company anticipates EPS to be in a range of $11.50 to $13.50 for the year. As part of capacity adjustments, UAL is planning to decrease 4% domestic capacity in Q3 to align with softer demand. However, on the back of strong demand in the Atlantic and Pacific regions, management is confident about profitability in the international markets.

Overall, UAL ranks 8th on our list of Billionaire Ken Griffin’s midcap stock picks with huge upside potential. While we acknowledge the potential of UAL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than UAL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.