In this article, we discuss the 5 small companies to invest in 2021 according to billionaire Ken Fisher. If you want to read our detailed analysis of Fisher’s history, and hedge fund performance, go directly to Small Companies to Invest in 2021.
5. Winnebago Industries, Inc. (NYSE: WGO)
Number of Hedge Fund Holders: 30
The manufacturer of recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities Winnebago Industries, Inc. (NYSE: WGO) is one of the best small companies to invest in 2021, according to billionaire Ken Fisher. At the end of the first quarter, his hedge fund held 1.7 million shares of Winnebago Industries, accounting for 0.09% of the overall portfolio. Winnebago Industries share price rose only 8% since the beginning of this year. However, the company has been rewarding investors through dividends.
Winnebago Industries, Inc. has seen an increase in hedge fund interest recently. It was in 30 hedge funds’ portfolios at the end of the first quarter of 2021, up from 27 positions in the previous quarter.
4. KB Home (NYSE: KBH)
Number of Hedge Fund Holders: 24
A homebuilding company KB Home (NYSE: KBH) is one of the best small companies to invest in 2021, according to billionaire Ken Fisher. Its shares outperformed the broader market index since the beginning of this year. KB Home’s stock price surged 28% year to date and its share price grew 33% in the last twelve months. Moreover, the company offers a dividend yield of 1.39% and it raised dividends in the past two consecutive years. KB Home represented 0.09% of the Fisher Asset Management portfolio at the end of the first quarter.
KB Home was in 24 hedge funds’ portfolios at the end of the first quarter of 2021 compared to 28 positions in the previous quarter. The all-time high for this statistic is 29.
3. Yelp Inc. (NYSE: YELP)
Number of Hedge Fund Holders: 20
The small-cap online platform that connects consumers with businesses Yelp Inc. (NYSE: YELP) is a member of Ken Fisher’s stock portfolio since 2015. At the end of the first quarter, Yelp accounted for 0.10% of the Fisher Asset management portfolio. After a lackluster performance in 2019 and during the first half of 2020, shares of Yelp rebounded strongly in the past couple of quarters. Its stock price is up 92% in the last nine months alone.
Yelp was in 21 hedge funds’ portfolios at the end of the March quarter, down from 31 positions in the previous quarter. The all-time high for this statistic is 45.
2. Chart Industries, Inc. (NYSE: GTLS)
Number of Hedge Fund Holders: 19
Chart Industries, Inc. (NYSE: GTLS), a manufacturer of equipment for the energy and industrial gas industries worldwide, saw a whopping share price rally of 226% in the last twelve months. At present, its market capitalization is standing around $4.8 billion. Chart Industries represented 0.11% of the Fisher Asset Management portfolio at the end of the first quarter. The firm first initiated a position in Chart Industries in 2018 and raised its stake by 4% during the March quarter this year.
Carillon Tower Advisers, an investment management firm, mentioned a few stocks including Chart Industries in the first quarter investor letter. Here is what Carillon Tower Advisers stated:
“Chart Industries manufactures highly engineered equipment used primarily in the production, storage, and transportation of industrial gases. The firm continues to be an impressive performer, reporting another quarter of record revenue growth and meaningfully raised forward guidance for 2021. Chart appears to be attractively positioned to benefit from a number or worldwide clean energy and environmental, social, and governance trends that are firmly in motion. Most notably, its substantial exposure to the potential adoption of hydrogen as an energy source has created excitement among investors. The company has also made a number of recent acquisitions and investments to further bolster its position in other sustainability initiatives such as water treatment and carbon capture.”
1. Synaptics Incorporated (NASDAQ: SYNA)
Number of Hedge Fund Holders: 25
The small-cap information technology stock Synaptics Incorporated (NASDAQ: SYNA) generated 51% share price growth so far this year, enlarging twelve-month gains to 137%. It is also among the best small companies to invest in 2021, according to billionaire Ken Fisher. His hedge fund held a stake worth $161 million in Synaptics Incorporated at the end of the first quarter, accounting for 0.11% of the entire 13F portfolio.
Synaptics Incorporated was in 25 hedge fund portfolios at the end of March compared to 28 positions in the previous quarter.
You can also take a peek at Top Chinese Companies on NASDAQ and 10 Best Stocks to Invest Your $1000.
