Fisher Asset Management, one of the world’s largest hedge funds, was founded by Ken Fisher. Mr. Fisher founded his investing firm in 1979 and has watched it grow into what can only be described as a financial giant since then. Mr. Fisher is credited with helping to establish what are now known as “small cap” corporations. He has been a contributing writer for Forbes Magazine for 33 years, making him the magazine’s longest-serving contributor. The P/S ratio, developed by Mr. Fisher, is currently taught at colleges and analyst certification courses. As of April 7, 2022, the 71-year-old investor’s real-time net worth was $5.4 billion. Mr. Fisher was the chief executive officer of Fisher Asset Management from 1979 to 2016. He stepped down as CEO in 2016, although he continues to play an important role at the company.
Insider Monkey picked out Fisher Asset Management’s top consumer technology stocks. Block, Inc. is a San Francisco, California-based financial payments company. Consumers may make payments using a number of mechanisms, including magnetic stripe cards, tablet computers, and near-field communications devices included in cellphones, thanks to the company’s innovations. Uber Technologies, Inc. is a ridesharing service provider that connects passengers looking for a trip with drivers who are prepared to provide one. The company also offers delivery services and plans to enter the market for electric vertical takeoff and landing vehicles. As its fiscal fourth quarter came to a close, Intel Corporation reported $19.5 billion in revenue and $1.09 in non-GAAP EPS. The firm was owned by 72 of the 924 hedge funds surveyed by Insider Monkey in Q4 2021. NVIDIA Corporation was valued at $1.5 billion to Fisher Asset Management in Q4 2021. This investment was made using 5.1 million shares. Advanced Micro Devices, Inc. is a personal computer company that develops and sells processors for computers and game consoles. In April 2022, the corporation stated that it will pay $1.9 billion for an enterprise computing startup. Insider Monkey queried 924 hedge funds and found that 69 of them had invested in the company. For more details, click Top Ten Consumer Technology Stocks To Invest In According To Ken Fisher’s Fisher Asset Management.
