3 Top Stocks to Invest In Right Now
Do you think I’d be writing for InvestorPlace if I knew the three top stocks to invest in right now? Of course not. Then again, no one knows the three best stocks to invest in at any given time. That’s why hedge fund investors like Jim Simons are so successful. His firm, Renaissance Technologies , uses mathematical and statistical methods to make money in the markets. He’s what’s known as a quant, short for quantitative analysis. Between 1988 and 2018, Renaissance generated an average annual return of 66% . You can’t get much better than that. At the end of June, Renaissance’s 13F said it had $84.5 billion invested in 4,173 companies. That’s an average of $20.2 million per stock. At the end of June, the hedge fund’s largest holding was Novo Nordisk (NYSE: NVO ), the Danish drug company. The fund owned $1.95 billion of NVO stock at that point. If you are considering buying three top stocks, copying Simons’ portfolio is one way to go. To qualify for this list, Renaissance must have at least $500 million invested in the name.
3 Top Stocks to Invest In Right Now
Do you think I’d be writing for InvestorPlace if I knew the three top stocks to invest in right now? Of course not. Then again, no one knows the three best stocks to invest in at any given time. That’s why hedge fund investors like Jim Simons are so successful. His firm, Renaissance Technologies , uses mathematical and statistical methods to make money in the markets. He’s what’s known as a quant, short for quantitative analysis. Between 1988 and 2018, Renaissance generated an average annual return of 66% . You can’t get much better than that. At the end of June, Renaissance’s 13F said it had $84.5 billion invested in 4,173 companies. That’s an average of $20.2 million per stock. At the end of June, the hedge fund’s largest holding was Novo Nordisk (NYSE: NVO ), the Danish drug company. The fund owned $1.95 billion of NVO stock at that point. If you are considering buying three top stocks, copying Simons’ portfolio is one way to go. To qualify for this list, Renaissance must have at least $500 million invested in the name.