From Yahoo Finance: 2025-05-11 16:58:00

Jim Simons’ Renaissance Technologies, known for its successful quantitative trading strategy, has produced impressive returns. The Medallion hedge fund saw returns of 56.6% and 74.6% during crises. Simons, worth $31.4 billion at his death, had a substantial annual return of 31.5% due to the strong market performance of the fund.

Renaissance Technologies continues to excel in 2025, with the Renaissance Institutional Diversified Alpha Fund gaining 9.05% and the Renaissance Institutional Equities Fund rising 11.85%. The firm’s computer-driven approach allows for individual stock positions and risk management strategies. The stocks in their 13F portfolio are popular among elite hedge funds.

Apple Inc. (AAPL) is a leader in technology, offering a diverse range of products and services. Recent fiscal second-quarter earnings exceeded expectations, with non-GAAP profit at $1.65 per share and revenue at $95.36 billion. Analysts maintain a stable price target of $210 for AAPL shares, citing potential challenges in App Store revenue growth.

AAPL ranks 4th in best stocks to buy according to Jim Simons’ Renaissance Technologies. While AAPL shows promise as an investment, some AI stocks offer greater potential for higher returns. An AI stock has outperformed popular AI stocks in 2025, making it a promising investment option. For more information on this AI stock, read the full report.



Read more at Yahoo Finance: Is Apple Inc. (AAPL) the Best Stock to Buy According to Jim Simons’ Renaissance Technologies?