Among Billionaire Ken Fisher’s Top Growth Stock Picks
From Yahoo Finance: 2025-03-29 10:16:00
Billionaire Ken Fisher’s Top 13 Growth Stock Picks includes Eli Lilly and Company (NYSE:LLY), a pharmaceutical giant. The company boasts a robust pipeline of drugs, with key products generating billions in revenue. Eli Lilly plans to invest $27 billion in new manufacturing locations to meet growing demand, with strong financial results supporting future growth.
President Trump’s tariff threats on Canada have raised concerns, but Fisher believes tariffs are negotiating tools with minimal impact. Markets often overreact to tariff news, causing unnecessary fear. Fisher’s stock picks have consistently generated value, with Fisher Asset Management having 975 holdings worth $251 billion, showcasing his expertise in the market.
Eli Lilly and Company (LLY) holds a significant equity stake of $4.04 billion with 115 hedge funds investing. The company’s strong financial performance in 2024 saw revenues increase by 32% to $45.04 billion, net income double to $10.6 billion, and $8.8 billion in cash flow. Despite being a top growth pick, AI stocks may offer higher returns in a shorter timeframe.
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