James Harris Simons is a prominent hedge fund investor who has made a lot of money by buying the right stocks. Renaissance Technologies, a hedge fund that employs quantitative research and mathematical models, was created by him in 1982. With a net worth of $23.5 billion in 2020, Jim Simons is the 23rd wealthiest American. In Q1 2021, Renaissance Technologies’ portfolio was valued at $80.381 billion. Tesla Inc.’s stock has risen 291 percent in the last year. Because of increasing ad usage during the epidemic, Alphabet Inc. saw record profits for the second quarter in a row. Facebook is also owned by Renaissance Technologies, which has a $263 million stake.
Insider Monkey highlights the 10 best dividend stocks to buy now according to billionaire Jim Simons. KKR Real Estate is one of Renaissance’s best-performing companies. The firm declared a $0.43 per share dividend for the first quarter, matching its dividend distribution for the fourth quarter of 2020. The revenue of KKR Real Estate Finance Trust in Q1 2021 was $38.54 million, which was $2.17 million higher than the average forecast and $38 million more year over year. Iron Mountain, Inc. is a global provider of information management and storage services. It has agreed to sell its Intellectual Property Management to NCC Group, a cybersecurity and escrow firm. Iron Mountain will be able to concentrate on developing innovative new products and focusing on its core competencies as a result of the sale. Spark Energy, Inc. is a firm that provides independent retail energy services in the United States. Jim Simons owns 1.07 million shares of Spark Energy, putting him at the top of Insider Monkey’s list of over 850 hedge funds. Arrowstreet Capital is the company’s largest shareholder, with 23,745 shares. One Liberty Properties, Inc. is a Maryland-based self-managed REIT. It is one of the oldest public REITs, having been founded in 1982. In the first quarter, the company earned $20.82 million in revenue, falling short of the consensus estimate. Gladstone Commercial Corporation is ranked sixth among the top dividend stocks to invest in. The REIT primarily invests in, owns, and manages net-leased office and industrial properties in the United States. In March, the company announced that its portfolio had a 95 percent occupancy rate. For more details, click 10 Best Dividend Stocks to Buy Now According to Billionaire Jim Simons.
