The Goodyear Tire & Rubber Company (GT): Billionaire David Tepper’s Stock Pick with Huge Upside Potential

3 days ago 1

Usman Kabir

Tue, April 7, 2026 astatine 9:30 AM CDT 2 min read

The Goodyear Tire & Rubber Company (NASDAQ:GT) is 1 of Billionaire David Tepper’s 10 Small and Midcap Stock Picks with Huge Upside Potential.

Tepper has had a semipermanent stake connected The Goodyear Tire & Rubber Company (NASDAQ:GT) stock. The institution archetypal appeared successful the 13F portfolio of Appaloosa Management LP backmost successful the 4th fourth of 2010. This presumption comprised implicit 10 cardinal shares. The holding was accrued to 22 cardinal shares by the 2nd 4th of 2013. Thereafter, the presumption was trimmed and sold disconnected wholly by the mediate of 2017. A caller presumption was past opened aboriginal 2020 and sold disconnected successful aboriginal 2022. The contiguous stake, purchased successful the 2nd 4th of 2025, began with 861,000 shares and was accrued to 5 cardinal shares successful the 3rd 4th of 2025. Filings for the 4th fourth of 2025 amusement that the money has trimmed this holding by 50% and owns 2.5 cardinal shares successful the company.

GT)

The Goodyear Tire & Rubber Company (NASDAQ:GT)

The superior operator of hedge money involvement successful The Goodyear Tire & Rubber Company (NASDAQ:GT) banal has been the disposable occurrence of the strategical reappraisal initiated by the steadfast successful precocious 2023. Management has deed and exceeded restructuring milestones. As of aboriginal 2026, Goodyear has completed each 3 planned large divestitures – Off-the-Road tires, Chemicals, and the Dunlop marque – generating implicit $2.2 cardinal successful gross proceeds. The institution achieved a $1.5 cardinal annualized run-rate payment by the extremity of 2025. Institutional investors are besides focused connected the fortress equilibrium expanse being built done indebtedness retirement. Proceeds from the $2.2 cardinal successful plus income are being utilized to discontinue high-interest debt. In aboriginal 2026, the institution retired $500 cardinal successful 9.5% notes, which analysts estimation volition prevention astir $70 cardinal successful yearly interest, providing an contiguous boost to adjusted net per share.

While we admit the imaginable of GT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Best Stocks to Buy According to Billionaire David Abrams and 15 Best Stocks to Buy According to Billionaire Seth Klarman.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article