5 Best Technology Stocks to Buy According to Ian Simm’s Impax Management

3. Agilent Technologies, Inc. (NYSE:A)

Impax Management’s Stake Value: $569,693,000

Percentage of Impax Management’s 13F Portfolio: 2.31%

Number of Hedge Fund Holders (Q1): 43

Impax Management was the largest shareholder of Agilent Technologies, Inc. (NYSE:A) at the end of the first quarter among the 912 hedge funds we cover, followed by William Von Mueffling’s Cantillon Capital Management, which held 3.47 million shares.

On August 2, Agilent Technologies, Inc. (NYSE:A) announced that it had acquired Polymer Standards Service (PSS) for an undisclosed sum. PSS focuses on hardware and software solutions used for defining the makeup and creation of molecular structures. According to Agilent Technologies, Inc. (NYSE:A), this acquisition will help the company to grow its product portfolio and customer offerings, particularly in the chemical and biopharmaceutical industries.