Top 5 Stock Picks of Nicolai Tangen’s Ako Capital

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01. Thermo Fisher Scientific Inc. (NYSE:TMO)

Ako Capital’s Stake Value: $658.727 million

Percentage of Ako Capital’s 13F Portfolio: 9.22%

Number of Hedge Fund Holders as of Q1 2022: 101

During the second quarter of 2022, Thermo Fisher Scientific Inc. (NYSE:TMO) had EPS valued at $5.51, beating estimates by $0.53, and brought in revenue valued at $10.97 billion, surpassing estimates by $1.02 billion. The company has a gross profit margin of 46.66% and has lost 8.12% year to date. Ako Capital upped its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by 1% during the second quarter holding 1.212 million shares valuing $658.727 million, representing 9.22% of the portfolio.

On August 1, Thermo Fisher Scientific Inc. (NYSE:TMO) price target was increased to $685 from $630 by Barclays analyst Luke Sergott, who also maintained an Overweight rating on the stock. According to Sergott, Thermo Fisher Scientific Inc. (NYSE:TMO) “continues to hit home runs, and we see further room to go”. According to the analyst, the stock has “plenty of irons in the fire that can offset many macro headwinds and create a very stable growth business.”

You can also look at the 7 Best Stocks to Buy According to Stephen Feinberg’s Cerberus Capital Management and How to start trading binary options.

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