THESE ARE THE 50 TOP STOCK PICKS THAT BILLIONAIRES LOVE
Raytheon Technologies – Market Value: $111.3 Billion
At a time when Raytheon Technologies lost the faith of many of its high-profile investors, some billionaires such as Soroban Capital Partners stuck by the defense manufacturers through thick and thin. The profitability of the aerospace company made the hedge fund manager fall in love with it.
Despite the falling reputation of Raytheon Technologies, the hedge fund raised its stake by 12% or 1.6 million shares. If the trust pays off, the investment advisor will increase its annual revenue trifold. It does appear to be a sweet gamble after all!
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