In this article, we discuss the 5 best big stocks to invest in. If you want to read our detailed analysis of these stocks, go directly to the 12 Best Big Stocks To Invest In.
5. Visa Inc. (NYSE: V)
Number of Hedge Fund Holders: 162
Visa Inc. (NYSE: V) is an American financial services corporation providing electronic funds transfers across the globe. It is ranked fifth on our list of 12 best big stocks to invest in.
At the end of the second quarter of 2021, 162 hedge funds in the database of Insider Monkey held stakes worth $27.61 billion in Visa Inc. (NYSE: V).
Out of the hedge funds tracked by Insider Monkey, billionaire Ken Fisher’s Fisher Asset Management has the most valuable stake in Visa Inc. (NYSE: V) as of the end of the second quarter of 2021, worth close to $5.53 billion, comprising 3.47% of its 13F portfolio. Fisher Asset Management’s stake in Visa Inc. (NYSE: V) increased by 4% during the second quarter of 2021.
4. Alphabet Inc. (NASDAQ: GOOGL)
Number of Hedge Fund Holders: 190
Alphabet Inc. (NASDAQ: GOOGL) is a California-based American multinational tech company known previously as Google. Its notable products and services include the search engine Google Search, video sharing website YouTube and cloud computing service called Google Cloud Platform. It is ranked fourth on our list of 12 best big stocks to invest in. The stock has returned over 76.36% to investors over the course of the past year.
At the end of the second quarter of 2021, 190 hedge funds in the database of Insider Monkey held stakes worth $26.83 billion in Alphabet Inc. (NASDAQ: GOOGL), up from 185 the preceding quarter worth $24.57 billion.
In its Q2 2021 investor letter, Alger Spectra Fund, the fund by the investment management firm Alger, mentioned Alphabet Inc. (NASDAQ: GOOGL). Here is what the fund had to say:
“Alphabet Inc. was among the top contributors to performance. Alphabet’s Google is a leading search engine, which has allowed the company to become a beneficiary of the shift of advertising dollars from traditional mediums like television, radio and newspapers to digital platforms. The company is also a leader in implementing artificial intelligence and developing autonomous vehicles and owns the highly trafficked YouTube service. Alphabet contributed to performance due to a strong quarterly report that was highlighted by a meaningful acceleration in advertising revenues reflecting a robust, broad-based demand environment with notable strength in retail and improvement in travel-related businesses. Profitability was also better than expected as the revenue growth exceeded the rate at which costs for staffing, office expenses, travel and entertainment increased.”
3. Microsoft Corporation (NASDAQ: MSFT)
Number of Hedge Fund Holders: 238
Microsoft Corporation (NASDAQ: MSFT) is an American multinational tech corporation known for its computer operating system, software packages as well as products and services such as Azure and LinkedIn. It is ranked third on our list of 12 best big stocks to invest in. The stock has returned over 60% to investors over the course of the past year.
At the end of the second quarter of 2021, 238 hedge funds in the database of Insider Monkey held stakes worth $62.47 billion in Microsoft Corporation (NASDAQ: MSFT).
In its Q2 investor letter, Baron Opportunity Fund mentioned Microsoft Corporation (NASDAQ: MSFT). Here is what the fund had to say:
“Shares of Microsoft Corporation, a cloud-software leader and provider of software productivity tools and infrastructure, rose during the quarter following a strong earnings report highlighting solid demand for its broad product stack and continued momentum migrating its business to the cloud. Microsoft was a top contributor in the period because it trades at reasonable free cash flow and earnings valuations, has cloud and digital transformation tailwinds at its back, reported a solid March quarter, and beat Street expectations by a wide margin. Microsoft’s results continued to be strong across the board, with Azure cloud computing revenues up 46% in constant currency (“cc”) terms and commercial cloud bookings growth of 38% cc, the best in years. Microsoft also reported robust profitability growth, with operating income expanding 31% and GAAP earnings up 45%. We believe the company is well positioned for continued solid growth and profitability through market share gains as more companies look to transform and digitize their businesses as they move operations to the cloud.”
2. Facebook, Inc. (NASDAQ: FB)
Number of Hedge Fund Holders: 266
Facebook, Inc. (NASDAQ: FB) is a California-based tech company known primarily for its social networking platforms such as Facebook, Instagram, Messenger, and WhatsApp.
Out of the hedge funds tracked by Insider Monkey, Eagle Capital Management had the most valuable in Facebook, Inc. (NASDAQ: FB) as of the end of the second quarter of 2021, worth close to $2.58 billion, comprising 7.37% of its 13F portfolio. Eagle Capital Management’s stake in Facebook, Inc. (NASDAQ: FB) increased by 7% during the second quarter of 2021.
In its Q2 2021 investor letter, Polen Capital, an investment management firm, mentioned Facebook, Inc. (NASDAQ: FB). Here is what the firm had to say:
“Facebook was the top contributor to our return for the second consecutive quarter. The company has over $1 trillion market capitalizations. Yet, based on first quarter 2021 results, FB is currently still growing revenue at over 30% organically! In fact, last quarter Facebook grew revenue 48% year over year. Facebook has generated earnings and intrinsic value growth for many years, driven largely by the mostly free services the company provide to people who can easily choose to stop using them and spend their time elsewhere.
That said, we are regularly asked about the perceived high regulatory risk around Facebook. We examine risks to businesses and, in particular, regulatory risks through a lens of risk exposure versus actual risk. For instance, the antitrust complaints globally against Facebook based on their size, influence, and strong competitive positioning, definitionally exposes these companies to more regulatory risk than much smaller businesses. However, we do not believe risk exposure is the same as actual risk…”
1. Amazon.com, Inc. (NASDAQ: AMZN)
Number of Hedge Fund Holders: 271
Amazon.com, Inc. (NASDAQ: AMZN) is a Seattle, Washington-based multinational corporation known primarily for its e-commerce business and its cloud computing service called Amazon Web Services. It is ranked first on our list of 12 best big stocks to invest in.
At the end of the second quarter of 2021, 271 hedge funds in the database of Insider Monkey held stakes worth $60.49 billion in Amazon.com, Inc. (NASDAQ: AMZN), up from 243 the preceding quarter worth $50.42 billion.
Out of the hedge funds tracked by Insider Monkey, billionaire Ken Fisher’s Fisher Asset Management had the most valuable stake in Amazon.com, Inc. (NASDAQ: AMZN) as of the end of the second quarter of 2021, worth close to $6.45 billion, comprising 4.05% of its 13F portfolio. Fisher Asset Management’s stake increased by 4% during the second quarter of 2021.
In its Q2 2021 investor letter, L1 Capital, an investment management firm, mentioned Amazon.com, Inc. (NASDAQ: AMZN). Here is what the firm had to say:
“Amazon flipped from being the largest detractor from portfolio performance in the March 2021 quarter, to one of the leading contributors in the June 2021 quarter. We took advantage of negative near-term sentiment in the March 2021 quarter to add to our Amazon investment. We continue to view Amazon as one of the best positioned businesses globally, with its share price still not reflecting fair value.”
You can also take a peek at the 10 High Yield Dividend ETFs to Buy Now and 15 Largest Materials Companies in the US.
