5 Best Stocks to Buy and Hold According to Bill Gates’ Portfolio

In this article, we will be taking a look at the 5 best stocks to buy and hold according to Bill Gates’ portfolio. To read our detailed analysis of current US market news, you can go directly to see the 12 Best Stocks to Buy and Hold According to Bill Gates’ Portfolio.

5. Caterpillar Inc. (NYSE:CAT)

Number of Hedge Fund Holders: 50

Bill and Melinda Gates Foundation Trust Q2 Stake Value: $1.8 billion

Caterpillar Inc. (NYSE:CAT) is a construction machinery and heavy transportation equipment company. It is based in Irving, Texas.

As of October 16, Tami Zakaria at JPMorgan holds an Overweight rating and a $320 price target on Caterpillar Inc. (NYSE:CAT).

There were 50 hedge funds long Caterpillar Inc. (NYSE:CAT) in the second quarter, with a total stake value of $2.6 billion.

4. Waste Management, Inc. (NYSE:WM)

Number of Hedge Fund Holders: 39

Bill and Melinda Gates Foundation Trust Q2 Stake Value: $6.1 billion

Noah Kaye at Oppenheimer holds an Outperform rating and a $182 price target on Waste Management, Inc. (NYSE:WM) as of October 16.

Waste Management, Inc. (NYSE:WM) is an environmental and facilities services company. It offers collection services, including pickup and transport of waste and recyclable materials, among more.

Waste Management, Inc. (NYSE:WM) had 39 hedge funds long its stock in the second quarter, with a total stake value of $6.9 billion.

3. Canadian National Railway Company (NYSE:CNI)

Number of Hedge Fund Holders: 38

Bill and Melinda Gates Foundation Trust Q2 Stake Value: $6.6 billion

We saw 38 hedge funds long Canadian National Railway Company (NYSE:CNI) in the second quarter, with a total stake value of $12.8 billion.

Canadian National Railway Company (NYSE:CNI) is a rail transportation company. It is based in Montreal, Canada.

CIBC’s Kevin Chang holds an Outperformer rating and a $173 price target on Canadian National Railway Company (NYSE:CNI) as of September 21.

2. Berkshire Hathaway Inc. (NYSE:BRK.A)

Number of Hedge Fund Holders: 109

Bill and Melinda Gates Foundation Trust Q2 Stake Value: $8.5 billion

Berkshire Hathaway Inc. (NYSE:BRK.A) is based in Omaha, Nebraska. It engages in the insurance, freight rail transportation, and utility businesses.

Berkshire Hathaway Inc. (NYSE:BRK.A) was seen in the portfolios of 109 hedge funds in the second quarter. Their total stake value was $15.5 billion.

On August 7, Brian Meredith at UBS maintained a Buy rating and a $621,591 price target on Berkshire Hathaway Inc. (NYSE:BRK.A).

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 300

Bill and Melinda Gates Foundation Trust Q2 Stake Value: $13.3 billion

Loop Capital’s Yun Kim initiated coverage on Microsoft Corporation (NASDAQ:MSFT) with a Buy rating and a $425 price target on October 17.

A total of 300 hedge funds were long Microsoft Corporation (NASDAQ:MSFT) in the second quarter. Their total stake value was $69.8 billion.

Microsoft Corporation (NASDAQ:MSFT) is a big tech company based in Redmond, Washington. It develops and supports software, services, devices, and solutions.

See also Bill Gates Stock Portfolio: August 2023 Update and Bill Gates’ Most Recent Portfolio: Top 15 Stock Picks.