5 Technology Stocks to Invest in According to Billionaire Paul Tudor Jones

1. Apple Inc. (NASDAQ:AAPL)

Tudor Investment Corp’s Stake Value: $80 million

Percentage of Tudor Investment Corp’s 13F Portfolio: 1.33%

Number of Hedge Fund Holders: 134

Apple Inc. (NASDAQ:AAPL) is one of the world’s largest consumer electronics and technology firms. The company sells smartphones, tablets, smartwatches, notebooks, music players, and other devices. Additionally, it also has its services division that targets payments and entertainment.

Mr. Tudor’s investment firm owned 450,536 Apple Inc. (NASDAQ:AAPL) shares as 2021’s final quarter came to an end. These were worth $80 million and represented 1.33% of its investment portfolio. Insider Monkey studied the portfolios of 924 hedge funds for the fourth quarter of last year to discover that 134 had also invested in the company.

Apple Inc. (NASDAQ:AAPL) earned $123 billion in revenue and $2.10 in GAAP EPS for its fiscal Q1, beating analyst estimates for both metrics. Morgan Stanley believes that for its upcoming quarterly results, the company will see strengths from the iPhone and Mac lineup offset weaknesses in other products.

According to Insider Monkey’s research, Warren Buffett’s Berkshire Hathaway is Apple Inc. (NASDAQ:AAPL)’s largest investor. It owns 887 million shares that are worth $157 billion.

ClearBridge Investments mentioned the company in its Q4 2021 investor letter. Here is what the fund said:

“Despite these mixed emerging growth results, the ClearBridge Global Growth Strategy outperformed the benchmark due to resilience among our secular and structural growth holdings. The bulk of these contributions came from U.S. mega-cap growth stocks Apple and Microsoft which continued to uniquely act both offensively and defensively as they have through most of the pandemic.”

Disclosure: None. You can also take a look at 10 Companies that Benefit From Crypto Mining and 10 Best Solar Energy Stocks To Buy Now.