Billionaire Izzy Englander’s Latest Portfolio: Top 5 Stock Picks

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01. Tesla, Inc. (NASDAQ:TSLA)

Millennium Management’s Stake Value: $ 397.087 million

Millennium Management’s 13F Portfolio: 0.24%

Number of Hedge Fund Holders as of Q2 2022: 72

Millennium Management upped its stake in Tesla by 6% during Q2 holding 0.6 million shares worth roughly $397 million.

On August 8, with a Buy recommendation on the stock, Canaccord analyst George Gianarikas increased his price target for Tesla, Inc. (NASDAQ:TSLA) from $815 to $881. The analyst claimed that although macroeconomic variables and recent price rises can undoubtedly have an impact on order rates, he believes Tesla’s EV momentum and competitive lead from manufacturing to materials sourcing to autonomy are secured for some time. Tesla, he claimed, is still the industry leader in sustainability, even with its expanded solar and energy storage product lines.

You can also take a peek at 8 Restaurant Stocks to Avoid as Americans Begin to Cut Spending and Jim Cramer Recommends These 10 Stocks For Recession.

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