Csat Investing Advisory LP is a Michigan-based investment firm. It is led by Dr. Claes Fornell, known for his innovative investment methodology. Dr. Fornell has decades of study experience, which he puts to good use in stock investing. The portfolio of CSat Investment was at $119 million, with little change in value from the previous quarter. It invests in hundreds of companies, with its three largest holdings being Apple and Southwest Airlines in Cupertino, California.
Insider Monkey takes a look at the list of the 10 large stocks by market capitalization to buy according to Claes Fornell’s CSat Investment. As of the third quarter of this year, Dr. Fornell’s investment business owned 18,102 Cisco Systems, Inc. shares. Ken Fisher’s Fisher Asset Management is the company’s largest shareholder, with 22.8 million shares worth $1.2 billion. Oracle Corporation is a software company based in the United States that sells to both businesses and consumers. The corporation has a market valuation of $241 billion as of December 3rd, 2021. The Walt Disney Company reported revenue of $18 billion and non-GAAP EPS of $0.37 in its fourth fiscal quarter, both of which fell short of analyst expectations. From $205 in November 2021, Loop Capital lowered its price objective to $190. Netflix, Inc. reported $7.4 billion in sales and $3.19 in GAAP EPS in the third quarter, exceeding analyst expectations. Ken Fisher’s Fisher Asset Management is the company’s largest shareholder, with 4 million shares worth $2.5 billion. In Q3 2021, CSat Investment owned 6,909 JPMorgan Chase & Co. shares valued at $1 million, accounting for 0.88 percent of its portfolio. Wells Fargo boosted its price target for the bank from $200 to $210 in October 2021. For more details, click 10 Large Stocks By Market Capitalization To Buy According To Claes Fornell’s CSat Investment.
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