5 Best Stocks to Buy According to Billionaire David Harding

3. Varian Medical Systems, Inc. (NYSE: VAR)

Value: $13,102,000
Percent of David Harding’s 13F Portfolio: 0.94%
Number of Hedge Fund Holders as of Q1: 40

Varian Medical Systems, Inc. (NYSE: VAR) is an American company that sells, manufactures, and designs medical equipment. It is one of the best stocks to buy according to billionaire David Harding because the shares of the company have grown by 22.4%, compared with the industry’s 15.9% rally in a year. Winton Capital owns nearly 74,866 shares of the stock, worth $13.1 million.

In November 2020, Varian Medical Systems, Inc. (NYSE: VAR) signed a new $10 million investment and partnership agreement with COTA, Inc., another Boston-based company dealing in oncology. In 2020, the company’s revenue stood at $3.1 billion, 2% down from 2019. Millennium Management is the top holder of this fund, with shares worth $35.1 million.