Ken Fisher, an American billionaire investor, is known for taking calculated risks and profiting from market opportunities. His $143 billion 13F stock portfolio is heavily weighted toward high-growth businesses in the information, communication, and consumer discretionary sectors. Growth, value, division, and defensive equities make up the billionaire hedge fund manager’s stock portfolio. Fisher Asset Management has 933 stocks with a beta of less than 1.0 in its portfolio. Industrial, consumer staples, and utility equities often have lower betas than tech and other high-growth firms, which typically have larger betas. Last year, 24 of Fisher Asset Management’s top stock investments beat the wider market index. In a YouTube video, Ken Fisher stated that 2021 will be the final year of bull-run, and reaffirmed his position.
Insider Monkey digs into the 10 best defensive stocks to buy today according to billionaire Ken Fisher. Since 2014, Fisher Asset Management has had a position in Costco Wholesale Corporation. The stock’s price has increased by 27% in the last several months, and its low beta of 0.64 makes it one of the best defensive stocks to buy right now. Costco Wholesale Corporation has been a holding of Fisher Asset Management since 2014. The stock’s price has risen by 27% in recent months, and its low beta of 0.64 makes it one of the best defensive companies to buy right now. Since 2001, billionaire Ken Fisher has owned a stake in Walmart Inc. Ken Fisher’s holding in Walmart was worth $1.65 billion at the end of the first quarter, accounting for 1.17 percent of his 13F portfolio. Intel Corporation is one of the top ten defensive stocks to purchase right now. The number of bullish hedge fund positions increased by 11 recently, indicating that money managers were betting on the stock. The current dividend yield for the corporation is 2.50 percent. Netflix, Inc. is also one of billionaire Ken Fisher’s top ten defensive stocks to purchase right now. With a beta of 0.75, Netflix shares look to be less volatile than the broader market. The stock price is supported by the company’s growth potential and large user base. For more details, click 10 Best Defensive Stocks to Buy Today According to Billionaire Ken Fisher.
