5 Stocks Under $30 In Ken Fisher’s Portfolio

2. Infosys Limited (NYSE:INFY)

Fisher Asset Management’s Stake Value: $396,821,000

Percentage of Fisher Asset Management’s 13F Portfolio: 0.22%

Number of Hedge Fund Holders: 27

Closing Price on March 16: $25.11

Infosys Limited (NYSE:INFY) provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. Recently, Infosys Limited (NYSE:INFY) announced that it will be collaborating with Dow Jones to help expand its product portfolio. The tech company will be working on Dow Jones’ products, aiming to organize information in such a way as to optimize daily business operations.

Investors are pouring in investments in Infosys Limited (NYSE:INFY). By the close of Q4 2021, 27 hedge funds held stakes in the company, worth in excess of $2.96 billion. This is compared to 29 hedge funds in the previous quarter, with total stakes equaling $2.47 billion.

This January, BMO Capital analyst Keith Bachman raised his price target on Infosys Limited (NYSE:INFY) to $28 from $25 and reiterated a Market Perform rating on the shares.

Fisher Asset Management’s stakes in the company amounted to $396.82 million at the end of the fourth quarter of 2021. The investment makes up 0.22% of the fund’s 13F portfolio.