Billionaire Ken Fisher increased his bets in technology stocks Amazon (AMZN), Google (GOOG), and IBM. In the third quarter, Ken Fisher initiated a brand new $43 million position in Gaylord Entertainment Company (GET), a hospitality company operating hotels, and resorts and convention centers. For the three months ending September 30, 2011, Gaylord reported revenues of $225 million, compared with $158 million for the same period a year ago. GET returned 16.96% since the end of September and has a market cap of $1.07B. Ken Griffin’s Citadel Investment Group also invested $5.6 million in GET at the end of June.
Ken Fisher’s favorite U.S. stocks are Johnson & Johnson (JNJ), Oracle (ORCL), Exxon Mobil (XOM), Schlumberger (SLB), and General Electric (GE). Fisher also likes to invest in large cap blue chip European stocks such as Siemens (SI) and Sanofi (SNY).
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