Coinstar, Inc. (CSTR), AbbVie Inc (ABBV) & More Stocks Billionaire Ken Fisher Loves

Page 1 of 2

Ken Fisher - FISHER ASSET MANAGEMENTFor the past 15 years, investment guru Ken Fisher’s stock picks have outperformed the overall market by more than 5% on average each year. So when money guys like Fisher make big moves, investors of all sizes pay attention. Lucky for us, money managers must disclose their stock moves every quarter.

Let’s take a closer look at five stocks Fisher bought last quarter, according to Fisher Asset Management’s most recent 13F SEC filing.

New additions
In the first quarter, Fisher bought stocks of Coinstar, Inc. (NASDAQ:CSTR) , semiconductor company Vishay Intertechnology (NYSE:VSH) , and biotech firm AbbVie Inc (NYSE:ABBV). As a provider of automated retail solutions, Coinstar, Inc. (NASDAQ:CSTR)’s Redbox kiosks give customers access to movies and video games. Even though Redbox combines DVD rentals with online streaming content (through its partnership with Verizon Communications Inc. (NYSE:VZ)) , Redbox must change its business model if it wants to keep up with Netflix, Inc. (NASDAQ:NFLX) and continue to grow. Even though the stock is popular with short sellers, Fisher feels differently. He backed up the truck and loaded up on Coinstar, Inc. (NASDAQ:CSTR) last quarter.

Two-billion-dollar market cap Vishay Intertechnology (NYSE:VSH)’s last quarter beat on both revenue and earnings. Investors like Fisher are hoping that future earnings will also come in favorably. So far, the stock has had a nice run this year. Meanwhile, AbbVie Inc (NYSE:ABBV) stock, which spun off from Abbott Laboratories (NYSE:ABT) at the beginning of 2013, is up roughly 30% so far this year. Undoubtedly, Fisher likes that the biopharmaceutical company boasts not only an impressive drug portfolio including blockbuster anti-inflammatory drug Humira, but also a great deal of opportunities in the hepatitis C market.

Coinstar, Inc. (NASDAQ:CSTR), Vishay Intertechnology (NYSE:VSH), and AbbVie Inc (NYSE:ABBV) possess forward price-to-earnings ratios of 10, 12, and 14, respectively. By comparison, the P/E ratio of the S&P 500 is currently 18, signaling that these stocks may be undervalued. Our Motley Fool CAPS community rates Coinstar, Inc. (NASDAQ:CSTR) as a three-star (out of five) stock. Meanwhile, the CAPS community has a much more favorable outlook for Vishay Intertechnology (NYSE:VSH) and AbbVie, which both are crowned five-star stocks.

Fisher also bought both Genpact Limited (NYSE:G) and Fidelity National Information Services (NYSE:FIS) stocks. Business management and IT services company Genpact beat on both revenues and earnings last quarter. Its stock currently trades at a forward price-to-earnings ratio of 17. Meanwhile, trading at a forward P/E of 13, Fidelity National Information Services operates in more than 100 countries. The company provides processing services to financial institutions and recently acquired mobile banking service provider mFoundry. Our Motley Fool CAPS community rates Genpact and Fidelity National Information Services as two-star and three-star stocks, respectively.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!