Hedge-Fund Manager David Einhorn Likes These Low-Key AI Plays
Wall Street Journal
Last updated: May 13, 2026
Greenlight Capital's David Einhorn presented two investment opportunities at the Sohn Investment Conference, identifying them as undervalued companies poised to benefit from the artificial intelligence (AI) surge. He highlighted Centene and General Motors as key beneficiaries.
Einhorn's first pitch focused on Centene, a managed care provider. He argued that the market has underestimated its financial recovery and its potential to benefit from the increasing demand for healthcare services. Einhorn believes Centene's stock is undervalued due to temporary market anxieties, overlooking its long-term growth prospects driven by demographic trends and its position within the healthcare ecosystem.
His second recommendation was General Motors (GM). Einhorn asserted that GM is significantly undervalued, particularly as it transitions into the electric vehicle (EV) and autonomous driving sectors. He suggested that the market is not fully appreciating the company's technological advancements, its established manufacturing capabilities, and its potential to capture substantial market share in future automotive markets. He indicated that GM's current valuation does not reflect its strategic pivot and its inherent value in the evolving automotive industry.
