Do you want to know about the Stocks to Buy Now According to Bill Gates? With a net worth of more than $136 billion, Bill Gates is among the wealthiest individuals in the world. Many people seek jobs in the technology field as a result of his success. Gates has almost equal success with his investments in the stock market, although they often slip under the radar due to the attention on his other accomplishments with the tech giant. Peter Larson, who oversees Gates’ trust, also manages his personal wealth.
Bill Gates’ recommendations for stocks to buy and hold
1. Grupo Televisa, S.A.B.
Holders of hedge funds: 16
Groupo Televisa, S.A.B. operates as a media company in Mexico. A new joint venture for content assets has boosted Morgan Stanley’s analyst Cesar Medina’s rating to Overweight from Equal Weight and given it a price target of $13.
In the fourth quarter of 2021, Bill Gates’ hedge fund held 16.3 million shares of Grupo Televisa, S.A.B. worth around $179 million. In the third quarter of 2012, the company had appeared in Gates’ portfolio.
2. United Parcel Service, Inc.
Hedge fund holders: 42
In its third quarter filings, the fund reported owning over 2.2 million shares of United Parcel Service, Inc. worth $415 million, representing 1.79% of its portfolio. In addition to package delivery and shipping, United Parcel Service, Inc. provides logistics, transportation, and financial services. Gates’ portfolio includes United Parcel Service, Inc. for nearly seven years.
With 12 consecutive years of dividend growth and 21 years of dividend payments, United Parcel Service, Inc. has an impressive dividend history. The company recently declared a quarterly dividend of $1.02, in line with previous payments. Its forward yield is 1.94%.
3. FedEx Corporation
Holders of hedge funds: 49
The FedEx Corporation offers transportation, e-commerce, and business services. At the end of September, the Bill & Melinda Gates Foundation Trust held more than 1.4 million shares of the company worth $327 million. In the third quarter of 2012, the fund purchased its first stake in the firm.
FedEx Corporation announced earnings for its second fiscal quarter on December 16, beating expectations by $0.54. Revenue was $23 billion, exceeding expectations by $1 billion.
4. Crown Castle International Corp.
Holders of hedge funds: 45
Crown Castle International, headquartered in Texas, is a real estate investment trust. Matthew Niknam of Deutsche Bank rates the stock Buy with a $175 price target. According to the analyst, the firm remains an “outsized beneficiary” of the early 5G builds in the US.
According to recent filings, Bill & Melinda Gates Foundation Trust owns 4.4 million shares of Crown Castle International Corp. worth more than $791 million, representing 3.41% of the trust’s portfolio. Holdings for the fund date back to the fourth quarter of 2014, when it first appeared in portfolio filings.
5. Ecolab Inc.
Holders of hedge funds: 39
In addition to water and hygiene solutions, Ecolab Inc. also provides infection control solutions. Based on the latest 13F filing, the fund owns 4.3 million shares in the company valued at more than $910 million. In the third quarter of 2012, the fund bought its first stake.
Ecolab Inc. announced late October that it had agreed to acquire Purolite, a global supplier of high-end ion exchange resins, for $3.7 billion. The purchase is crucial to the production of high-quality drugs and the purification of biopharmaceuticals.
6. Schrodinger, Inc.
Holders of hedge funds: 20
Scherodinger, Inc. was founded in 1990 in New York. The company develops software for computational chemistry, as well as having a pipeline of drug discovery programs. According to Bill Gates, Schrodinger, Inc. ranks seventh on his list of the 10 best stocks to buy and hold.
Currently, the Bill & Melinda Gates Foundation Trust holds 6.98 million shares of Schrodinger, Inc., which is worth $527.8 million and represents 2.21% of the foundation’s portfolio. As of the end of the second quarter of 2021, 20 hedge funds in the database held stakes in Schrodinger, Inc. worth over $941 million, an increase from 17 hedge funds worth $930.5 million in the previous quarter.
7. Crown Castle International Corp.
Holders of hedge funds: 42
The company owns and operates 40,000 cell towers and 80,000 route miles of fiber to support small cells and fiber solutions across the US. Crown Castle International Corp. ranked fifth on Bill Gates’ list of the top 10 stocks to buy and hold, with a market capitalization of $79.68 billion.
8. Walmart Inc.
Holders of hedge funds: 70
As a multinational retail corporation, Walmart Inc. operates wholesale and other market divisions around the world. Bill Gates ranked Walmart Inc. fourth on his list of the 10 best stocks to buy and hold. It has a market capitalization of $398.11 million.
Walmart Inc. accounts for more than $1.07 billion in investments held by the Bill & Melinda Gates Foundation Trust, representing 4.49% of the trust’s investment portfolio. As of the end of the second quarter of 2021, 70 hedge funds held stakes in Walmart Inc. worth roughly $8.03 billion out of the 873 hedge funds tracked. With a total stake value of approximately $5.9 billion, 58 hedge funds participated in the previous quarter.
9. Canadian National Railway Company
Holders of hedge funds: 40
A leading provider of transportation and logistics services in North America, Canadian National Railway Company is based in Montreal, Canada. Canadian National Railway Company has a market capitalization of $82.27 billion, ranking third on our list of the 10 best stocks to buy and hold according to Bill Gates.
Canadian National Railway Company currently constitutes more than 13.9 million shares in the Bill & Melinda Gates Foundation Trust, totaling $1.46 billion in value and accounting for 6.15% of the foundation’s portfolio. Comparatively, 36 hedge funds held approximately $4.7 billion in stakes in the previous quarter.
10. Waste Management, Inc.
Holders of hedge funds: 39
North American waste management company Waste Management, Inc. provides waste management services to residential, commercial, industrial, and municipal customers. In Bill Gates’ list of the 10 stocks to buy and hold, the company is ranked first with a market capitalization of $64.64 billion.
Waste Management, Inc. comprises 10.93% of the foundation’s overall investment portfolio, and the foundation currently holds 18.6 million shares for over $2.6 billion. In the second quarter of 2021, 39 hedge funds held stakes in Waste Management, Inc. worth approximately $3.6 billion out of the 873 tracked. Comparatively, 32 hedge funds held stakes worth approximately $3.29 billion in the previous quarter.
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