Qorvo Inc (QRVO), Verint Systems Inc. (VRNT) Among Billionaire Ken Fisher’s Top New Picks

On the second spot is Verint Systems Inc. (NASDAQ:VRNT), a small-cap Actionable Intelligence solutions company, whose stock advanced by 6% since the beginning of the year. Fisher Asset Management holds 838,020 shares of the Verint, with a value of $51.90 million. Verint Systems Inc. (NASDAQ:VRNT) has a strong client base with more than 10,000 companies and organizations that use its software solutions. For the last fiscal year, the company posted revenue of $1.13 billion, up from $907 million a year earlier, but its EPS declined to $0.53 from $1.01. The largest shareholder of Verint Systems Inc. (NASDAQ:VRNT) among the funds we track is Eric Bannasch‘s Cadian Capital, which owns 5.28 million shares according to its latest 13F filing.

Fisher also initiated a position in Select Medical Holdings Corporation (NYSE:SEM) during the first quarter, disclosing a $31.77 million stake that contains 2.14 million shares. Select Medical Holdings Corporation (NYSE:SEM) is a healthcare company that owns hospitals and clinics throughout the United States. For the first quarter of 2015, Select Medical posted earnings of $0.27 per share on revenue of around $795 million, versus $0.24 per share and $763 million for the same period of the previous year. Amid these results the company’s stock inched up by 3.60% year-to-date, underperforming the Medical Care industry average of 8.60%. Israel Englander, David Shaw and Chuck Royce are three other billionaire investors with long positions in Select Medical Holdings Corporation (NYSE:SEM).

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