5 Best Stocks to Buy Now According to Billionaire Andreas Halvorsen

3. General Electric Co. (NYSE:GE)

Viking Global Investors’ Stake Value: $1.17B

Percentage of Viking Global Investors’ 13F Portfolio: 4.73%

Number of Hedge Fund Holdings: 51

General Electric (NYSE:GE) is an American multinational conglomerate based in Boston, Massachusetts. Founded in 1892, the company operates in several sectors including GE Healthcare, aviation, power, renewable energy and locomotives. General Electric (NYSE:GE) ranked on the Fortune 500 in 2020, as the 33rd largest company in the US by gross revenue. Halvorsen’s Viking Global has a stake value of $1.17 billion in the stock, with General Electric (NYSE:GE) making up for nearly 4.73% of Halvorsen’s 13F portfolio. The hedge fund billionaire owns 12.8 million shares, a result of Viking Global decreasing their hold over the stock by 30%.