Apple Inc. (AAPL), Google Inc (GOOG) and 3 Other Big-Time Bets in This Tiger Cub’s Hedge Fund

Google Inc (NASDAQ:GOOG) is Tiger Veda’s second largest 13F holding, and accounts for a little over 10% of the fund’s portfolio. Chopra has more than doubled his position in the tech giant since the start of 2012, and his conviction has paid off in the past six months, as shares of GOOG are up 22.6%. From a market share standpoint, Google’s core business has never been better; the company’s search engine beat its own record in November, capturing 66.9% of the U.S. search market according to comScore.

While Google did miss Q3 earnings on a rather embarrassing accidental release, Wall Street still expects it to post annual EPS growth of 15-16% over the intermediate term. At 15 times forward earnings and a price-to-cash per share of 5, there’s still some value to be had here. Most prominent analysts agree; Barclays and Cantor Fitzgerald both hold price targets close to $100 higher than Google Inc (NASDAQ:GOOG)’s current share price.

Macquarie Infrastructure Company (NYSE:MIC) is the third pick in Tiger Veda’s equity portfolio, and the heavily diversified infrastructure company has proven its worth, returning close to 60% year-to-date. Macquarie’s appreciation appears to be driven by its superior top line record, in which revenues have beaten the Street’s estimates in five straight quarters. In its latest Q3 financials, though, EPS missed targets considerably, finishing at a loss of 4 cents versus an 18-cent consensus.

Wall Street still expects annual EPS growth of 11% over the next five years, driven by a bullish aviation fuel price outlook, and shares also pay a 6.2% dividend yield. Bears will point out Macquarie’s 57x trailing P/E is a reason to be wary, but a forward P/E near 11 indicates that investors may actually be under-appreciative of earnings potential.

Chopra’s fourth stock pick is likely familiar to most readers: the embattled Apple Inc. (NASDAQ:AAPL). To be fair, the company itself isn’t that “embattled” with revenue and EPS growth out the wazoo, but the investor psychology surrounding this stock has been extremely intriguing. Shares of Apple have lost over 18% since September, and with the dreaded “death cross” in play, many technical analysts fear that more selling is in store.