Apple Inc. (AAPL), Flamel Technologies S.A. (FLML), and Johnson & Johnson (JNJ): Bailard’s Top Q2 Picks

Oher investors that see value in Apple Inc. (NASDAQ:AAPL) include Carl Icahn’s Icahn Capital LP and Ken Fisher’s Fisher Asset Management, among others. Notorious activist investor Icahn continues to be extremely bullish on Apple Inc. (NASDAQ:AAPL). On a recent Wall Street Week episode, Icahn said that he is feeling very secure about Apple Inc. (NASDAQ:AAPL) and said he prefers to buy more shares of the company. In its latest 13F, Icahn Capital reported owing 52.76 million shares of the company as of the end of 2014.

We move onto Flamel Technologies S.A. (ADR)(NASDAQ:FLML), a $652.59-million market cap pharmaceutical company based in France. During the quarter, Bailard Inc was bullish on Flamel Technologies S.A. (ADR)(NASDAQ:FLML), boosting its position in the company by more than 75%, disclosing ownership of 245,000 shares, up from 135,000 shares held previously. The stake is valued at $4.41 million. Flamel Technologies S.A. (ADR)(NASDAQ:FLML) gained 48.24% during the past calendar year. Other shareholders of the company include James E. Flynn’s Deerfield Management and Kevin Kotler’s Broadfin Capital.

Lastly we’ll discuss Johnson & Johnson (NYSE:JNJ), in which Bailard Inc slightly increased its stake to 40,799 shares worth $4.10 million, from 40,199 shares. Johnson & Johnson (NYSE:JNJ), which has a market cap of about $281 billion, is engaged in the development of a broad range of health care products. For the first quarter of 2015, Johnson & Johnson (NYSE:JNJ) posted net earnings of $4.3 billion, or $1.53 per share, compared to $4.73 billion, or $1.64 per share, in the same period last year. In its latest 13F, Ken Fisher’s Fisher Asset Management reported ownership of 10.46 million shares of Johnson & Johnson. Donald Yacktman’s Yacktman Asset Management holds 8.43 million shares of the company as of March 31.

Disclosure: None