5 Best Stocks to Buy Now According to Billionaire Chris Rokos

03. Apple Inc. (NASDAQ:AAPL)

Rokos Capital Management’s Stake Value: $69.381 million

Rokos Capital Management’s 13F Portfolio: 2.03%

Number of Hedge Fund Holders: 128

Warren Buffett’s Berkshire Hathaway is the largest shareholder of Apple Inc. (NASDAQ:AAPL), holding around 895 million of its shares worth roughly $122 billion. Rokos Capital is holding 512,103 shares of Apple Inc. (NASDAQ:AAPL), valued at $69 million.

On September 8, Morgan Stanley analyst Erik Woodring maintained an Overweight rating and a $180 price target on Apple Inc. (NASDAQ:AAPL) shares.

In the second quarter investor letter, Alger Capital discussed Apple Inc. (NASDAQ:AAPL). Here is what Alger Capital specifically said about Apple:

Apple Inc. (NASDAQ:AAPL) is a leading technology provider in telecommunications. computing and services. Apple’s iOS operating system is the company’s unique intellectual property and competitive strength. This software drives extremely tight engagement with consumers and enterprises. The engagement is fostering the growing purchase of high-margin services like music, apps, and apple pay. Apple’s shares detracted from performance as management lowered its guidance for the second quarter due to headwinds from the war in Ukraine, adverse foreign currency shifts, and dampened consumer demand associated with the coronavirus in China. Additionally, many investors were concerned that lockdowns implemented to curtail the spread of COVID-19 would impact production of apple products, however the manufacturing facilities have resumed activity.”