THESE ARE THE 50 TOP STOCK PICKS THAT BILLIONAIRES LOVE
Facebook – Market Value: $802.8 Billion
Facebook is valued at about $802.8 billion, and despite its booming value, it is only 2nd in the portfolio of Himalaya Capital Management, a hedge fund based in Seattle. With front runner Micron Technologies and Bank of America, and Alphabet Class C assets tailing behind, it appears that FB‘s stocks might be more profitable.
Little wonder, Himalaya Capital purchased more shares in the year’s Q3 increasing its holdings by 118%, thus doubling its percentage of portfolio assets. This move is applauded because of the rise in the stocks’ value and the projected increase in value within the next five years.
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