Andreas Halvorsen Stock Portfolio: 5 Top Stock Picks

In this article, we discuss Andreas Halvorsen and his top 5 stock picks. If you want to read about some more stocks in the Halvorsen portfolio, go directly to Andreas Halvorsen Stock Portfolio: 10 Top Stock Picks.

5. Danaher Corporation (NYSE:DHR)

Number of Hedge Fund Holders: 89       

Danaher Corporation (NYSE:DHR) is a Washington-based conglomerate with interests in professional, medical, industrial, and commercial products and services. Latest filings show that Viking Global owned 4.6 billion shares in Danaher Corporation (NYSE:DHR) at the end of the third quarter of 2023 worth $1 billion, representing 4.14% of the portfolio. 

On October 26, investment advisory Barclays maintained an Overweight rating on Danaher Corporation (NYSE:DHR) stock and lowered the price target to $215 from $290. 

At the end of the second quarter of 2023, 89 hedge funds in the database of Insider Monkey held stakes worth $6.3 billion in Danaher Corporation (NYSE:DHR), compared to 90 in the preceding quarter worth $5.6 billion. 

In its Q3 2023 investor letter, Baron Funds, an asset management firm, highlighted a few stocks and Danaher Corporation (NYSE:DHR) was one of them. Here is what the fund said:

“We added to Danaher Corporation (NYSE:DHR), which recently completed the spinoff of its non-life sciences businesses to become a pure-play life sciences tools company. Although near-term trends in the bioprocessing market remain challenging, we like the long-term growth drivers in this business and think Danaher is well positioned.”