Ken Fisher Stock Portfolio: 10 Stocks to Buy

3. Apple Inc. (NASDAQ:AAPL)

Fisher Asset Management Equity Stake: $10,988,081,823

Number of Hedge Fund Holders: 159

Apple Inc. (NASDAQ:AAPL) is one of the best stocks to buy according to billionaire Ken Fisher. On August 19, U.S. Director of National Intelligence Tulsi Gabbard, confirmed that Britain has dropped its demand for the company to provide a backdoor to its encrypted devices.

British authorities were pushing the iPhone maker to provide a backdoor that would have allowed them to access protected, encrypted data for American citizens. Apple had challenged the order at the UK’s Investigatory Powers Tribunal (IPT), reiterating it would never build such access to its encrypted devices.

On its part, Britain insists it is working with the US to tackle security threats while protecting citizens’  privacy. US lawmakers had called out Britain’s push for a backdoor on Apple devices, insisting that cybercriminals and authoritarian governments would have exploited such an opening.

Apple has been at loggerheads with authorities since 2016, when the US government tried to push it to build a tool to unlock an iPhone of a suspected terrorist.

Apple Inc. (NASDAQ:AAPL) is a technology company that designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories. It also offers a variety of related services, including software platforms, digital content, and payment services.