Tiger Cub Philippe Laffont’s Top Stock Picks Include Apple Inc. (AAPL)

Coatue increased its stake in Apple Inc. (NASDAQ:AAPL) by 88% between January and March, closing the quarter with 1.2 million shares in its portfolio. During the first quarter of the year, Apple Inc. (NASDAQ:AAPL) regained its place as the most popular stock among hedge funds, which it had lost in late 2012 (find more of hedge funds’ favorite stocks). Currently Apple Inc. (NASDAQ:AAPL) is valued at only 11 times its trailing earnings, with a good deal of its market cap being in the form of cash. While net income has been declining, we would watch to see if the business can stabilize and make the stock a value play.

Liberty Global Inc. (NASDAQ:LBTYA), which recently merged with another of Laffont’s top picks, Virgin Media, also had a prime place in the 13F filing. Following a 65% rise in the stock price over the last year, analyst expectations for 2014 imply a forward P/E of 25; the sell-side expects considerable earnings growth over the next several years, and as a result the five-year PEG ratio is less than 1. There has been high short interest in Liberty Global Inc. (NASDAQ:LBTYA), though this is a common component of a merger arbitrage strategy.

Still, we would avoid Liberty Global Inc. (NASDAQ:LBTYA) at least for now. Equinix Inc (NASDAQ:EQIX) also seems a bit pricy at least going by recent earnings performance. We’ve mentioned that Apple Inc. (NASDAQ:AAPL) may be a bit uncertain at this time, but the cheapness of the stock in terms of trailing performance, as well as the large cash hoard, means that a good deal of bad news is already priced in. The media companies we’ve mentioned here, as well as their peers, are certainly not pure value plays but have been doing well recently and may be worth a closer look.

Disclosure: I own no shares of any stocks mentioned in this article.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!