5 Best Stocks to Buy According to Thomas Bailard’s Hedge Fund

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1. Apple Inc. (NASDAQ:AAPL)

Bailard Inc’s Stake Value: $125,455,000

Percentage of Bailard Inc’s 13F Portfolio: 4.93%

Number of Hedge Fund Holders (Q1): 131

Apple Inc. (NASDAQ:AAPL), the most valuable company in the world, was also Bailard Inc’s top stock pick at the end of June. During the second quarter, Bailard Inc reduced its stake in Apple Inc. (NASDAQ:AAPL) by only 2% to 917,608 shares. However, the value of its holding in the smartphone giant declined by more than 20% due to the considerable fall in Apple Inc.’s (NASDAQ:AAPL) stock in that period.

After reporting better than expected second-quarter results last week, Apple Inc. (NASDAQ:AAPL) has started its four-part bond sale announced earlier according to Bloomberg. Out of 33 analysts on Wall Street who track the stock, 22 currently have a buy rating on it with an average price target of $179.29.

You can also look at the 7 Best Stocks to Buy According to Stephen Feinberg’s Cerberus Capital Management and Morris Mark’s Mark Asset Management Latest Portfolio: Top 10 Stock Picks.

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