Ken Fisher, a billionaire investor, feels small-cap stocks are more valuable than large-cap equities. This year, the Russell 2000 index, which tracks small-cap stocks, has gained more than 17%, compared to 14% for the S & P 500 and 11% for the NASDAQ. Fisher Asset Management believes in building a well-diversified stock portfolio to profit from gains in many asset types. Since the end of, the firm has held a position in large, mid, and small caps. Its portfolio is heavily weighted in the field of information technology.
Insider Monkey investigates some of the best small businesses to invest in 2021 as recommended by billionaire Ken Fisher. Beacon Roofing Supply Inc.’s stock has risen 32 percent since the start of the year, bringing its year-to-date gains to 95 percent. The number of long hedge fund positions fell to 21 in the third quarter, down from 23 the previous quarter. Artisan Partners Asset Management Inc. appears to be one of the top small-cap stocks to buy in 2021. The company has a market cap of $3.84 billion and a 6.70 percent dividend yield. Amazon, Apple, Microsoft, Google, and Facebook are among Ken Fisher’s Q1 holdings. Since 2015, Ken Fisher has owned Stamps.com Inc., an internet-based mailing and shipping solutions firm. Although the company has underperformed over the last year, it could be an excellent buy for new investors. At the conclusion of the first quarter, Fisher Asset Management owned a $118 million position in the company. Meritage Homes Corporation has up 15% so far this year, bringing its year-to-date gains to 28 percent. Homebuilding and Financial Services are the two segments in which the company operates. Since 2013, Terex Corporation has been a part of the Fisher Asset Management portfolio. At the conclusion of the March quarter, Ken Fisher’s stake in Terex accounted for 0.08 percent of its hedge fund portfolio. The corporation pays out a dividend yield of 1.12%. For more details, click Small Companies to Invest In 2021.
