Jim Simons Stock Portfolio: Top 5 Stock Picks

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1. Novo Nordisk A/S (NYSE:NVO)

Renaissance Technologies’ Latest Investment: $1.5 billion

Novo Nordisk A/S (NYSE:NVO) is a pharmaceutical company headquartered in Denmark. It is a rare stock on our list that is rated Strong Buy on average, and the firm has been making quite a lot of news lately due to its weight loss drug, Ozempic.

43 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had invested in Novo Nordisk A/S (NYSE:NVO). Jim Simons’ Renaissance Technologies is the biggest shareholder among these since it owns a $1.5 billion stake.

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Disclosure: None. You can also take a look at 11 Best Consumer Cyclical Stocks To Buy Now and 14 Best Industrial Stocks to Buy.

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