5 Best Stocks to Buy Now According to Bill Gates

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In this article, we discuss the 5 best stocks to buy now according to Bill Gates. If you want to read our detailed analysis of these companies, go directly to the 10 Best Stocks to Buy Now According to Bill Gates.

5. Caterpillar, Inc. (NYSE: CAT)

Gates’ Stake Value: $2,355,047,000
Percent of Bill & Melinda Gates’ 13F Portfolio: 11.23%
Number of Hedge Fund Holders: 53

Ranking 5th in our list of the 10 best stocks to buy now according to Bill Gates is Caterpillar, Inc. (NYSE:CAT). The Illinois-based construction and mining equipment manufacturer was founded in 1925 and offers various construction products such as articulated trucks, backhoe loaders, dozers, and alike. In 2020, Caterpillar, Inc. purchased robot autonomous technology solutions provider Marble Robot, Inc. The acquisition met expanding demand and improved the company’s solutions for the construction, quarry, industrial, and garbage industries.

Caterpillar, Inc. (NYSE:CAT) posted its revenue of $11.9 billion in the first quarter of 2021, up from $10.6 billion in the same period of 2020. CAT shares currently trade for $239.76 and have a P/E of 38.34. The current dividend yield is 1.69%. The 52-week price range of Caterpillar, Inc. (NYSE:CAT) is $118.01-246.69. Shares of CAT jumped 74% in the last twelve months.

The Bill & Melinda Gates Foundation holds 10,156,756 shares in the company worth over $2.3 billion. This represents 11.23% of their portfolio. 

There were 53 hedge funds that reported owning stakes in Caterpillar, Inc. (NYSE:CAT) at the end of the first quarter. The total value of these stakes at the end of Q1 is $4.95 billion.



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