Popular American investor Michael Burry is known for his bearish bets, from the housing market in 2008 to AI frenzy in 2026. However, the 'Big Short' investor is bullish on some beaten-down companies that are faraway from the wild swings of the artificial intelligence trade.
In a post on Substack, Burry highlighted five stocks he has now bought as "full positions" in his portfolio. These include roofing distributor QXO, the grocery store Sprouts Farmers Market, the custom stuffed animal store Build-A-Bear, the footwear brand Birkenstock and the eCommerce site Mercado-Libre. The market veteran believes all these stocks have “corrected tremendously" and now offer extremely "attractive" valuations.