Engine No. 1 LLC, a diversified investment firm specializing in sustainable capitalism, was founded by Chris James. The hedge fund was created in December 2020 and today controls a $270 billion asset portfolio. Exxon Mobil Corporation has three seats on its board of directors. Engine No. 1 was inspired by Chris James’ attempt in the mid-2000s to open a new coal mine in Harrisburg, Illinois. Consumer products, energy, financial services, healthcare, and technology will be among the industries in which the fund will invest. Engine No. 1 LLC, a hedge fund, holds 917,400 shares of Exxon Mobil Corporation for a total investment of $51.3 million. XOM has a 52-week price range of $31.11 to $64.80. The fund owns 76,336 shares worth $28.6 million in the company. Agriculture is one of the businesses that will experience significant growth in 2021. Deere & Company intends to capitalize on the industry’s expansion by releasing digital farm technology and farming management software.
Insider Monkey highlights the list of the 10 best stocks to buy according to Chris James’ Engine No. 1. In the last 12 months, Bunge Limited has returned more than 90% to investors. The company’s first-quarter net revenue was $12.9 billion, up 40% from $9.2 billion in the same quarter the previous year. According to Chris James’ Engine No. 1, Aptiv PLC is the ninth best stock to purchase. From wiring and cable management systems, the auto parts maker designs and assembles a vehicle’s electrical components. According to Chris James’s Engine No. 1, Deere & Company is the eighth best stock to purchase. Everything from farm tractors to dump trucks is manufactured and sold by the Illinois-based farming and heavy equipment industry. According to Chris James’ Engine No. 1, NXP Semiconductors N.V. is the 7th best stock to purchase. In the last 12 months, the Dutch semiconductor producer has returned more than 65 percent to investors. According to Chris James’ Engine No. 1, DexCom, Inc. is the 6th best stock to purchase. The company sells a wearable sensor that sends glucose readings to a smartphone or smartwatch for continuous glucose monitoring. For more details, click 10 Best Stocks to Buy According to Chris James’ Engine No 1.
