Noam Gottesman is a well-known British-American investor and the man behind GLG Partners, the company he founded. Afterwards, he founded National Foods, Europe’s largest frozen food company. GLG partners has announced that he will step down from his position as co-chief executive officer in 2012 to pursue other interests. Long-only, long/short, and emerging market funds are the company’s specialty. New York-based investment fund TOMS Capital Investment Management is headed by Mr. Gottesman, who serves as its CEO. A total of $31 billion was in Man GLG’s investment portfolio at the end of the fourth quarter of 2013. The top holdings of the fund are largely concentrated in the semiconductor and technology sectors. Overall, Man GLG employs a diversified investment strategy.
Insider Monkey took a look at the ten best semiconductor stocks to invest in according to Noam Gottesman’s GLG Partners. Applied Materials stock was owned by Man GLG in the fourth quarter of 2013. According to Insider Monkey’s Q4 2021 survey, 79 of the 924 hedge funds surveyed held a position in the company as well. In February 2022, Citi upgraded the company’s share price target from $178 to $180. In the world of semiconductor design, QUALCOMM Incorporated is a major player. Smartphone processors, graphics processing units (GPUs), and modems are among the company’s offerings. Despite the feared inventory correction in the semiconductor market, the company was well-positioned. During its first fiscal quarter, Skyworks Solutions, Inc. earned $1.5 billion in revenue and $3.14 in non-GAAP EPS. Insider Monkey surveyed 924 hedge funds and found that 41 of them owned the company’s stock. This diversified semiconductor company, NXP Semiconductors N.V., produces components for a wide range of technology products. The company made $3 billion in revenue and $2.24 in GAAP EPS in the fourth quarter of its fiscal year. Synopsys, Inc. generated revenue of $1.27 billion and non-GAAP EPS of $2.40, exceeding analyst expectations for EPS. In the Electronic Design Automation industry, growth has now reached double digits. For more details, click the Ten Best Semiconductor Stocks To Invest In According To Noam Gottesman’s Glg Partners.
