Blue-Chip Stocks To Buy According To Billionaire Ken Fisher


Ken Fisher is a wealthy investor, author, financial analyst, and the founder and CEO of Fisher Asset Management in the United States. Mr. Fisher claimed that investors are perplexed by the current geopolitical situation and macroeconomic difficulties. Mr. Fisher contends that the association between the performance of growth and value stocks and market sentiment is more relevant than the amount of money invested in little-known high-growth or high-dividend stocks.  Between 1998 and 2016, Forbes discovered that Ken Fisher’s public stock picks outperformed the US broad market indices by an average of 4.2 percent annually. Fisher Asset Management increased by 33.16 percent quarter over quarter in the first quarter of 2020.

Insider Monkey highlighted the 10 blue-chip stocks to buy according to billionaire Ken Fisher. Freeport-McMoran Inc. reported $6.60 billion in sales for the quarter, up 36.14 percent year over year and $148.02 million ahead of estimates. Among Fisher Asset Management’s top 13F holdings, the company is rated thirteenth. Over the last year, Advanced Micro Devices, Inc. has returned 16.27 percent to investors. The company reported $5.89 billion in revenue, up 70.89 percent year over year, and beat market expectations by $313.37 million. The American Express Company is a global leader in credit card payment and travel services. Fisher Asset Management has a position in the company worth $2.93 billion, with about 15.68 million shares. The investment accounts for 1.73 percent of the company’s 13F portfolio. Visa Inc. reported $7.19 billion in sales, up 25.48 percent year over year, outperforming the market by $366.88 million. The company announced $1.79 earnings per share, which was $0.14 higher than analysts’ expectations. With $8.90 billion in positions, 93 hedge funds were long Adobe Inc. As of March 31, 2022, Fisher Asset Management owned 6.54 million shares of the company. Ken Fisher’s 13F portfolio is made up of 1.75 percent of this investment. For more details, click 10 Blue-Chip Stocks To Buy According To Billionaire Ken Fisher.