Former SAC Capital Portfolio Manager Tor Minesuk’s Top 5 Stock Picks for 2021

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1. ServiceNow, Inc. (NYSE: NOW)

The hedge fund has initiated a big position in ServiceNow, Inc. (NYSE: NOW) during the fourth quarter and it appears that Tor Minesuk’s stock-picking strategy worked because shares of ServiceNow are up 7% so far in 2021 compared to the S&P 500 growth of 4%. The latest gains are supported by stronger-than-expected results for the fourth quarter. Its fourth-quarter revenue of $1.23 billion increased 29.2% year over year, beating Wall Street consensus estimate by $20 million.

Please also see Billionaire Richard Chilton’s Top 10 Stock Picks and Billionaire Paul Tudor Jones’ Top 10 Stock Picks

Disclosure: None.

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