Apple Inc. (AAPL), Google Inc (GOOG) and 3 Other Big-Time Bets in This Tiger Cub’s Hedge Fund

Fundamentally speaking, you’d have to be crazy not to be attracted to this stock, which trades at 9 times forward earnings and a PEG near 0.6, but bottom line growth is slowing, and some analysts expect market share leads in the tablet arena to decline going forward. Still, we love Apple’s potential at these levels, and think that a positive growth driver like an ‘iTV’ announcement or a deal with China Mobile would help shares reach a fairer valuation. Aside from Tiger Veda, other hedge funds that are sticking with Apple Inc. (NASDAQ:AAPL) include David Einhorn and Ken Fisher. See all of David Einhorn’s stock picks.

Last but certainly not least, Royal Caribbean Cruises Ltd. (NYSE:RCL) sits at the No. 5 spot in Tiger Veda’s 13F portfolio. Over the past six months, shares of Royal Caribbean have gained close to 50%, on the back of industry-wide consolidation and rising consumer sentiment. The multi-billion dollar cruise operator is has met the Street’s revenue estimates in every quarter of 2012, and consensus expects it to finish the year booking total sales of $7.7 billion.

By the end of 2013, this estimate stretches to $8.1 billion, and while high petro costs will always be a concern, it’s notable that the sell-side actually expects earnings growth to speed up over the next half-decade. Early forecasts predict annual EPS growth of 10% versus the negative 1.2% rate Royal Caribbean has averaged since 2007. Throw in a dividend yield of 1.4% that acts as a proverbial “cherry on top,” and it’s easy to see why Manish Chopra is so bullish on the stock. Let us know your thoughts on his Apple Inc. (NASDAQ:AAPL) position and the rest of his top five in the comments section below.