5 Tech Stocks to Invest in Today According to John Armitage’s Egerton Capital

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In this article, we discuss the top 5 tech stocks to invest in today according to John Armitage’s Egerton Capital. If you want a detailed analysis of the technology sector, go directly to the 10 Tech Stocks to Invest in Today According to John Armitage’s Egerton Capital.

5. Netflix, Inc. (NASDAQ:NFLX)

Egerton Capital’s Stake Value: $793,578,000

Percentage of Egerton Capital’s 13F Portfolio: 3.94%

Number of Hedge Fund Holders: 113

Armitage’s Egerton Capital owns 1.5 million shares in Netflix, Inc. (NASDAQ:NFLX) as of the end of the second quarter, amounting to $793.5 million, representing 3.94% of Armitage’s 13F portfolio. 

At the end of June, 113 hedge funds tracked by Insider Monkey were bullish on Netflix, Inc. (NASDAQ:NFLX), up from 110 in the previous quarter. 

On October 10, Netflix, Inc. (NASDAQ:NFLX) estimated that its latest blockbuster TV series, Squid Game, will create almost $900 million in value for the company according to Bloomberg analyst Lucas Shaw. 

Polen Capital mentioned Netflix, Inc. (NASDAQ:NFLX) in its Q2 2021 investor letter. Here is what they said: 

“For Netflix, we believe the underlying businesses for the company remain strong. With Netflix, we anticipate content spending to moderate as subscriber growth continues, which we believe should result in attractive double-digit earnings and cash flow growth over the next five years and beyond.”

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