Michael Burry dumped this stock, but Wall Street sees a 50% upside
Famed investor Michael Burry turned bearish in Q1 2025, dumping most of his stock positions, including Chinese e-commerce giants like JD.com (NASDAQ: JD), despite Wall Street’s bullish outlook.In the first three months of the year, Burry slashed his portfolio, increased short bets on China, and took a short position against Nvidia (NASDAQ: NVDA). Burry, who predicted the 2008 financial crisis, also exited Alibaba (NYSE: BABA), Baidu (NASDAQ: BIDU), and PDD Holdings (NASDAQ: PDD), among others. Regarding JD ...