10 Stocks To Buy Now According To Stamos Capital

Published November 4, 2021 at 7:00 am EDT Updated August 19, 2026 at 5:38 am EDT

In this article, we will take a look at the 10 stocks to buy now according to Peter Stamos’ Stamos Capital.

Peter S. Stamos serves as the chief executive officer and chief investment officer at the California-based investment management firm, Stamos Capital Partners. He earned his B.A in Economics and Political Science from Stanford University, his JD from Harvard Law School and his Ph.D. from Oxford University. Prior to founding to Stamos Capital, he taught Economics at Harvard University. Later on, he served as the chief executive officer of Stamos Associates Inc. (SAI), and as a management consultant with Booz Allen & Hamilton and McKinsey & Company.

Stamos Capital Partners oversees more than $189.7 million in its portfolio. According to the Q2 13F filings, Stamos Capital Partners’ portfolio branches out into 8 distinct sectors, with the Energy sector dominating, making up 14.1% of the fund’s total portfolio value.

Some of the top stocks present in Stamos Capital’s investment portfolio by the end of the second quarter of 2021 include Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Bank of America Corporation (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM), among others discussed in detail below.

10 Stocks To Buy Now According To Stamos Capital

Our Methodology

With this background in mind, let us now look towards the 10 stocks to buy now according to Stamos Capital. We made use of Stamos Capital Partners’ 13F portfolio for the second quarter for this analysis.

Why should we pay attention to Peter Stamos’ stock picks? Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 86 percentage points since March 2017. Between March 2017 and July 2021 our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by 86 percentage points (see the details here). That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox.

Stocks To Buy Now According To Stamos Capital

10. Microsoft Corporation (NASDAQ:MSFT)

Stamos Capital’s Stake Value: $5.4 million

Percentage of Stamos Capital’s 13F Portfolio: 2.85%

Number of Hedge Fund Holders: 238

We start off our list with the multinational technology company, Microsoft Corporation. The company rallied 7.24% on October 29 thanks in part due to strong earnings for the first quarter of 2022.

As of Q2 2021, Stamos Capital held 20,000 shares of the tech giant. These shares were valued at $5.4 million and represented 2.85% of the hedge fund’s portfolio value. By the end of the second quarter of 2021, 238 hedge funds out of the 873 tracked by Insider Monkey held stakes in Microsoft Corporation, worth roughly $62.46 billion, compared to 251 hedge funds in the previous quarter, with stakes worth approximately $58.9 billion.

In its Q1 2021 investor letter, Polen Capital, an investment management firm, highlighted a few stocks and Microsoft Corporation (NASDAQ:MSFT) was one of them. Here is what the fund said:

“We have written extensively about Microsoft in recent commentaries. It was our leading contributor last year and one of our largest weightings within the Portfolio. It continues to experience business momentum through several dominant, essential, and competitively advantaged businesses, like Office 365 and Azure. The markets it competes for are enormous, which gives the company the ability to compound at scale. In the past quarter alone, the company generated over $40 billion in revenue, representing a 17% growth rate. The inherent operating leverage in Microsoft’s business model continues and led to 34% earnings growth this past quarter. Despite the broad rotation we saw in the first quarter and Microsoft’s robust performance in 2020, we think its business fundamentals continue to exhibit strength, and the stock continues to reflect the fundamentals.”

9. The Boeing Company (NYSE:BA)

Stamos Capital’s Stake Value: $5.79 million

Percentage of Stamos Capital’s 13F Portfolio: 3.05%

Number of Hedge Fund Holders: 59

The Boeing Company (NYSE:BA) is a Chicago-based aerospace company that manufactures commercial and military aircraft, alongside telecommunications equipment.

In the second quarter of 2021, The Boeing Company reported earnings per share of $0.40, beating market estimates by $1.13. The company’s revenue for the quarter was reported at $17.0 billion, an increase of 43.97% on a year-over-year basis, surpassing estimates by $112 million.

Of the 873 elite funds tracked by Insider Monkey, 59 were long The Boeing Company at the end of June. Peter Stamos of Stamos Capital Partners holds over 24,200 shares worth $5.79 million in the company. These shares account for 3.05% of the fund’s portfolio.

On October 21, RBC Capital analyst Ken Herbert initiated coverage of The Boeing Company with an Outperform rating and $275 price target.

8. Johnson & Johnson (NYSE:JNJ)

Stamos Capital’s Stake Value: $5.87 million

Percentage of Stamos Capital’s 13F Portfolio: 3.09%

Number of Hedge Fund Holders: 88

Johnson & Johnson is a holding company that is involved in the research and development of pharmaceutical products and medical devices.

In Q2 2021, Stamos Capital reported owning 35,650 shares in Johnson & Johnson, worth $5.87 million. Of the 873 hedge funds tracked by Insider Monkey, 88 hedge funds held positions in Johnson & Johnson in Q2 2021, up from 81 in the previous quarter. These stakes are valued at over $7 billion.

In October, Raymond James analyst Jayson Bedford kept a price target of $178 on Johnson & Johnson, alongside an Outperform rating on the shares of the company.

Distillate Capital mentioned Johnson & Johnson in its Q2 2021 investor letter. Here is what the firm has to say:

“The largest additions in the rebalance, Johnson & Johnson was around 50 and 40 basis points incrementally. J&J underperformed in the quarter while its normalized free cash flows held steady and so its position size was topped off to match the stable cash flows.”

7. BP p.l.c (NYSE:BP)

Stamos Capital’s Stake Value: $6.05 million

Percentage of Stamos Capital’s 13F Portfolio: 3.18%

Number of Hedge Fund Holders: 30

BP p.l.c (NYSE:BP) operates as a multinational integrated oil and gas company. Based in London, the firm is one of the world’s seven “supermajor” oil and gas companies.

At the end of the second quarter of 2021, 30 hedge funds in the database of Insider Monkey held stakes worth $1.08 billion in BP p.l.c. (NYSE:BP), up from 29 in the previous quarter worth $1.24 billion. Peter Stamos of Stamos Capital Partners currently owns 228,980 shares of the company. These shares were valued at $6.05 million and represent 3.18% of his fund’s portfolio value.

On October 15, Berenberg analyst Henry Tarr upgraded BP p.l.c. (NYSE:BP) to Buy from Hold with a price target of 425 GBp, up from 310 GBp.

6. Royal Dutch Shell plc (NYSE:RDS)

Stamos Capital’s Stake Value: $6.19 million

Percentage of Stamos Capital’s 13F Portfolio: 3.26%

Number of Hedge Fund Holders: 38

Royal Dutch Shell plc (NYSE: RDS) is a British-Dutch energy and petrochemical company that has operations worldwide. Based in the Hague, Netherlands, the company is involved in the exploration of crude oil, natural gas, and natural gas liquids.

Earlier this October, Morgan Stanley analyst Martijn Rats raised the price target on Royal Dutch Shell plc (NYSE:RDS) to 2,089 GBp from 1,865 GBp, and kept an Overweight rating on the shares of the company.

As of the end of the second quarter, 38 hedge funds tracked by Insider Monkey reported owning stakes in Royal Dutch Shell plc (NYSE:RDS). The total worth of these stakes is $2.44 billion. This shows the hedge fund sentiment is positive for the energy company as 36 funds had stakes in the company in the previous quarter, with a total worth of $2.19 billion.

5. Exxon Mobil Corporation (NASDAQ:XOM)

Stamos Capital’s Stake Value: $6.4 million
Percentage of Stamos Capital’s 13F Portfolio: 3.37%
Number of Hedge Fund Holders: 68

Exxon Mobil Corporation (NYSE:XOM) is one of the world’s largest multinational oil and gas companies that manufactures and transports crude oil, natural gas and petroleum products. The Texas-based company ranks fifth on the list of the 10 stocks to buy now according to Stamos Capital.

On October 7, Truist analyst Neal Dingmann raised his price target on Exxon Mobil Corporation to $66 from $64, and kept a Hold rating on the shares.

Peter Stamos’ Stamos Capital owns 101,570 shares in Exxon Mobil Corporation, valued at $6.4 million, making up 3.37% of the fund’s 13F portfolio. Of the 873 elite funds tracked by Insider Monkey, 68 reported holding stakes in the company by the end of the June quarter.

4. Bank of America Corporation (NYSE:BAC)

Stamos Capital’s Stake Value: $6.87 million
Percentage of Stamos Capital’s 13F Portfolio: 3.62%
Number of Hedge Fund Holders: 87

Bank of America Corporation is a multinational bank and financial services holding company based in North Carolina. Founded in San Francisco, it is one of the worlds largest financial institutions.

On October 11, Jefferies analyst Ken Usdin raised his price target on Bank of America Corporation to $48 from $41, and kept a Hold rating on the shares.

Oakmark Funds, in its Bill Nygren third-quarter 2021 market commentary, mentioned Bank of America Corporation (NYSE:BAC). Here is what the fund said:

“Earlier this year, one of our holdings, Bank of America, announced that it was raising its minimum hourly wage from $15 to $20 and would increase it to $25 by 2025. The company received great press for placing the well-being of its employees above profits. But was it really either/or? Bank of America’s chief human resources officer spoke to the bigger picture: “A core tenet of responsible growth is our commitment to being a great place to work…that includes providing strong pay and competitive benefits to help them and their families, so that we continue to attract and retain the best talent.” Bank of America understood that engaged, high-caliber employees are more productive, less prone to turnover and, therefore, less expensive in the long run. Increasing the pay for employees wasn’t elevating employees above shareholders; it was the right thing to do for employees and for shareholders.

If an increase to $20 was good, why stop there? Why not $50 per hour? Because the benefits the business receives at $50 don’t justify the expense. The bank would no longer be able to price its products competitively and would lose business. The employees would “win” in the short term, but eventually the lost business would lead to job cuts, meaning both employees and shareholders would lose. The negative effects of stakeholder overreach are no different than when CEOs overreach to inflate short-term profits. Both hurt shareholders and stakeholders.”

3. JPMorgan Chase & Co. (NYSE:JPM)

Stamos Capital’s Stake Value: $7.7 million
Percentage of Stamos Capital’s 13F Portfolio: 4.06%
Number of Hedge Fund Holders: 108

Incorporated in Delaware, and based in New York, JPMorgan Chase & Co. is a multinational financial services and investment banking firm that offers financial advisory services and solutions across the globe.

On October 11, Jefferies analyst Ken Usdin raised his price target on JPMorgan Chase & Co. to $198 from $177, and maintained a Buy rating on the shares.

Peter Stamos of Stamos Capital Partners currently holds 49,540 shares in the company, amounting to more than $7.7 million in worth and accounting for 4.06% of his hedge fund’s total portfolio value. By the end of the June quarter, 108 hedge funds out of the 873 tracked by Insider Monkey held stakes in JPMorgan Chase & Co. worth roughly $4.8 billion. This is compared to 111 hedge funds in the previous quarter with a total stake value of approximately $5.2 billion.

2. Chevron Corporation (NYSE:CVX)

Stamos Capital’s Stake Value: $8 million
Percentage of Stamos Capital’s 13F Portfolio: 4.22%
Number of Hedge Fund Holders: 50

Chevron Corporation (NYSE: CVX) is an energy company involved in the exploration, development, and production of crude oil and natural gas.

On October 7, Truist analyst Neal Dingmann raised the price target on Chevron Corporation to $150 from $145, and kept a Buy rating on the shares of the company. Shares of the company rose by 2.3% following the rise in the prices of Brent crude oil.

By the end of the second quarter of 2021, 50 hedge funds out of the 873 tracked by Insider Monkey held stakes in Chevron Corporation worth roughly $4.3 billion. This is compared to 41 hedge funds in the previous quarter with a total stake value of approximately $4.9 billion. Peter Stamos reported owning 76,570 shares in the company worth more than $8 million.

1. AT&T Inc. (NYSE:T)

Stamos Capital’s Stake Value: $8.7 million
Percentage of Stamos Capital’s 13F Portfolio: 4.58%
Number of Hedge Fund Holders: 68

Dallas-based AT&T Inc. is a mobile-phone and Internet services provider that operates as a multinational holding company. It ranks first on our list of the 10 stocks to buy now according to Stamos Capital.

On October 7, MoffettNathanson analyst Craig Moffett upgraded AT&T Inc to Neutral from Sell, with a price target of $28, up from $23.

As of the end of the second quarter, 68 hedge funds tracked by Insider Monkey reported owning stakes in AT&T Inc.. The total worth of these stakes is $2.9 billion. This is compared to 63 funds had stakes in the company in the previous quarter, with a total worth of $2.7 billion. According to our database, Stamos Capital owns 302,500 shares in AT&T Inc., worth roughly $8.7 million.

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