5 Best Stocks to Buy According to Motley Fool

3. Apple Inc. (NASDAQ:AAPL)

Motley Fool’s Stake Value: $75,164,000

Percentage of Motley Fool’s 13F Portfolio: 4.80%

Number of Hedge Fund Holders: 134

Apple Inc. (NASDAQ:AAPL) is an American multinational technology corporation that specializes in consumer electronics, software, and online services. Motley Fool held 423,290 Apple Inc. (NASDAQ:AAPL) shares in the fourth quarter of 2021, worth $75.1 million, representing 4.80% of the total 13F portfolio. The hedge fund increased its stake in Apple Inc. (NASDAQ:AAPL) by 3% in Q4 2021. 

Baird analyst William Power forecasts a strong Q2 earnings report for Apple Inc. (NASDAQ:AAPL). The analyst continues to like the long-term growth opportunity and robust cash flow, but with the stock at a historically high valuation compared to the S&P 500 and possible risks in Europe and China, he would be more aggressive on any weakness in the shares. He maintained an Outperform rating and a $190 price target on Apple Inc. (NASDAQ:AAPL) on April 25.

According to Insider Monkey’s Q4 data, Apple Inc. (NASDAQ:AAPL) was found in the public stock portfolios of 134 hedge funds, compared to 120 funds in the prior quarter. Warren Buffett’s Berkshire Hathaway held the largest stake in Apple Inc. (NASDAQ:AAPL), with a position worth $157.5 billion. 

Here is what ClearBridge Investments Global Growth Strategy has to say about Apple Inc. (NASDAQ:AAPL) in its Q4 2021 investor letter:

“Despite these mixed emerging growth results, the ClearBridge Global Growth Strategy outperformed the benchmark due to resilience among our secular and structural growth holdings. The bulk of these contributions came from U.S. mega-cap growth stocks Apple and Microsoft which continued to uniquely act both offensively and defensively as they have through most of the pandemic.”