Kevin Oram’s Praesidium Investment’s Top 5 Stock Picks

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1. Ptc Inc. (NASDAQ:PTC)

Oram’s Stake Value: $244,940,000

Percentage of Oram’s 13F Portfolio: 13.06%

Number of Hedge Fund Holders: 31

The stock that is placed first on our list of Kevin Oram’s Praesidium Investment’s top 5 stock picks is Ptc Inc. (NASDAQ:PTC), which is yet another American software company whose core services include internet of things (IoT), augmented reality, and collaboration software. The company was founded in Boston, Massachusetts in 1985, and has offices across 30 countries. Ptc Inc. (NASDAQ:PTC) is traded as a S&P 500 component. 

Oram’s Praesidium Investment owns about 1.73 million shares in Ptc Inc. (NASDAQ:PTC), amounting to $244.94 million, and making up 13.06% of Oram’s 13F portfolio. At the end of the second quarter of 2021, 31 hedge funds in Insider Monkey’s database held stakes amounting to $1.96 billion in Ptc Inc. (NASDAQ:PTC), up from 33 in the previous quarter with stakes worth over $1.77 billion. The company reported last quarter’s earnings per share of $0.83 on July 28, beating analysts’ consensus estimates of $0.62 by $0.21. 

You can also take a look at 11 Best Growth Stocks To Buy According To Ray Dalio and 10 Chinese Stocks to Buy According to Jonathan Guo’s Yiheng Capital.

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