Ken Fisher’s Top 5 Stock Picks

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1. Apple (NASDAQ: AAPL)

The tech giant Apple (NASDAQ: AAPL) is the largest stock holding of Ken Fisher’s portfolio. The firm held 61.2 million shares of Apple at the end of the fourth quarter. Apple stock price rose 71% in the last twelve months while the company offers a dividend yield of 0.61%.

Alger Spectra Fund highlighted few stocks including Apple in an investor’s letter. Here is what Alger Spectra Fund stated:

“Apple is a leading technology provider in telecommunications, computing and services. Apple’s iOS operating system is the company’s unique intellectual property and competitive strength. This software drives extremely tight engagement with consumers and enterprises. This tight engagement is facilitating significant growth in high-margin services like streaming music apps and Apple Pay. Apple’s continued development of high-margin services and earnings streams for wearable devices as well as the potential contribution of 5G phones to the company’s growth supported the performance of Apple shares.”

Please also see 14 Best Low-Risk Stocks to Buy Right Now and 10 Best High Yield Stocks To Buy Now.

Disclosure: None.

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