5 Best Stocks to Buy Now According to Jonathan Bloomberg’s BloombergSen

3. Aon plc (NYSE:AON)

BloombergSen’s Stake Value: $140 million

Percentage of BloombergSen’s 13F Portfolio: 8.69%

Number of Hedge Fund Holders: 49

Aon plc (NYSE:AON) is a financial services firm that is headquartered in Dublin, Ireland. It offers a host of risk management and brokerage solutions that cover retail and health brokerages, and cyber and global risk management.

BloombergSen’s Q2 2022 investment portfolio reveals that the firm owned 522,302 Aon plc (NYSE:AON) shares that were worth $140 million, with the stake representing 8.69% of its investment portfolio. Insider Monkey profiled 895 hedge funds for their June quarter of 2022 investments to discover that 49 had also held a stake in Aon plc (NYSE:AON).

Aon plc (NYSE:AON) has a high upside share price percentage reward, that is close to 16% and at the same time, its downside price risk is less than 5%, making the firm a relatively safe investment – a feature that blends in with Mr. Bloomberg’s investment approach. BofA set a $294 share price target for the firm in September 2022, highlighting that Aon plc (NYSE:AON) has a strong cash generative business model.