Cybersecurity

Stock Picks From Top Money Managers at the Sohn Conference

  • Bets are tech-heavy with bullish calls on Box, GrubHub
  • Einhorn recommends shorting bond insurer Assured Guaranty

Sohn Conference Sees Gundlach Wanting to Short Facebook

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Here’s a roundup of pitches by the biggest hedge fund managers that presented Monday at the 23rd annual Sohn Investment Conference, one of the industry’s marquee events.

Many of this year’s bets were tech focused as presenters talked about privacy concerns in social media and embracing artificial intelligence. DoubleLine Capital’s Jeffrey Gundlach recommended shorting Facebook Inc. and going long an ETF that tracks oil and gas exploration and production stocks. Hedge fund manager Li Ran of Half Sky Capital touted GrubHub Inc., and Light Street Capital Management’s Glen Kacher discussed cyber-security company Palo Alto Networks Inc.