5 Best Vanguard Stocks to Buy Now

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1. Apple Inc. (NASDAQ: AAPL)

Vanguard’s Stake Value: $151,390,601,000

Percentage of Vanguard Group’s 13F Portfolio: 4.17%

Number of Hedge Fund Holders: 127

Topping the list of the 10 best Vanguard stocks to buy now is Apple Inc. (NASDAQ: AAPL). The California-based tech company sells Apple products like iPhone, iPad, iMac, and wearables. Apple Inc. also offers cashless payment service Apple Pay and exclusive original video content on Apple TV+. At the end of the first quarter, Vanguard Group Inc owned 610,849,992 shares of Apple Inc. (NASDAQ: AAPL) worth $151 billion, representing 4.17% of Vanguard’s investment portfolio. AAPL shares have returned 51% to investors in the past twelve months. The stock has also gained 11% in the last three months.

The company has a market cap of $2.41 trillion. The company’s second-quarter revenue grew 54% year over year to $89.6 billion. Apple Inc. also recorded quarterly earnings per diluted share of $1.40. On July 6, JP Morgan maintained an Overweight rating on Apple Inc. (NASDAQ: AAPL), with a price target of $170 per share. 

At the end of the first quarter of 2021, 127 hedge funds in the database of Insider Monkey held stakes worth $131 billion in Apple Inc. (NASDAQ: AAPL). 

In its Q1 2021 investor letter, investment management firm Distillate Capital mentioned Apple Inc. (NASDAQ: AAPL) and shared their insights on the company. Here is what the fund said:

“Apple is an even more notable situation and one that highlights our free cash valuation methodology and bears further discussion given its Q3 ’20 sale from our strategy. For an extended period, Apple was extraordinarily inexpensive on a free cash flow basis and was the largest position in our strategy, exceeding 5% of the portfolio.”

You can also take a peek at 10 Best Recycling Stocks to Invest In and 10 Top Hedge Funds Focusing on ESG and Impact Investing.

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