5 Best Hot Stocks To Buy Right Now

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 134

Apple Inc. (NASDAQ:AAPL) recently made headlines after it was reported that the company was venturing into the electric vehicle market with the introduction of its self-driving car, expected to debut as early as 2025.

Out of the hedge funds tracked by Insider Monkey, Warren Buffett’s Berkshire Hathaway is the leading stakeholder in Apple Inc. (NASDAQ:AAPL), with over 887 million shares worth over $157.5 billion.

ClearBridge Investments mentioned Apple Inc. (NASDAQ:AAPL) in its first-quarter 2021 investor letter. Here is what the firm has to say:

“As we actively manage holdings and position sizes, we look to regularly recycle capital into more compelling opportunities. Maintaining our valuation discipline, we sharply reduced our position in Apple, whose shares more than doubled following our initial purchase in mid-2019 with an earnings multiple rising from the low-to-mid teens to nearly 30x.”