BlackRock’s Latest Portfolio 2022: Top 5 Stock Picks

1. Apple Inc. (NASDAQ:AAPL)

BlackRock’s Stake Value: $179,434,978

Percentage of BlackRock’s 13F Portfolio: 4.83%

Number of Hedge Funds as of December 31: 134

Apple Inc. (NASDAQ:AAPL) is the biggest holding in BlackRock’s portfolio. The California-based tech giant is a specialist in the development, manufacturing, and selling of consumer electronics like smartphones, smartwatches, laptops, personal computers and wireless earphones.

In a note issued to investors on May 13, Ming-Chi Kuo at TF International Securities tweeted that Apple Inc. (NASDAQ:AAPL) is expected to come out with a newer version of the Apple TV set-top box in the second half of 2022 with a better cost structure. The analyst thinks that Apple’s plan of bringing together content, hardware, and services will help in closing its gap against its competitors. In the set-top box segment, Apple is head-to-head with Amazon and Google.

An investment management firm, ClearBridge Investments, mentioned Apple Inc. (NASDAQ:AAPL) in its Q4 2021 investor letter. Here’s what the firm said:

“Despite these mixed emerging growth results, the ClearBridge Global Growth Strategy outperformed the benchmark due to resilience among our secular and structural growth holdings. The bulk of these contributions came from U.S. mega-cap growth stocks Apple and Microsoft which continued to uniquely act both offensively and defensively as they have through most of the pandemic.”

You can also take a peek at the 10 Stocks to Buy in April According to Jim Cramer and 15 Most Valuable E-Commerce Companies.

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