Billionaire Ken Fisher’s 5 New Stock Picks.

4. Sandvik AB (OTCMKTS: SDVKY)

The industrial machinery maker Sandvik AB (SDVKY) is a newcomer in Fisher’s portfolio and it is showing an upbeat performance. Its shares are up 26% in the last three months, extending twelve months gains to 32% as investors have been appreciating its growth strategies. The company has recently announced plans to acquire DSI Underground for €943 million.

Sandvik operates as an engineering company in the areas of mining and rock excavation, metal cutting, and materials technology worldwide. The company offers metal-cutting tools and tooling systems.