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Is Apple Inc. (AAPL) A Good Investment?

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Jose Karlo Mari Tottoc
·3 min read
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Saturna Capital Corporation, an investment management firm, published its fourth-quarter 2020 ‘Sextant Mutual Funds’ Investor Letter – a copy of which can be downloaded here. The letter contains the Q4 2020 results and updates of its Sextant Growth Fund (SSGFX), Sextant International Fund (SSIFX), Sextan Global High Income Fund (SGHIX), Sextant Core Fund (SCORX), and Sextant Short-Term (STBFX). You can view each fund’s top 5 holdings to have a peek at their top bets for 2021.

In their Q4 2020 investor letter, Sextant Growth Fund mentioned Apple Inc. (NASDAQ: AAPL) and shared their insights on the company. Apple Inc. currently has a $2.065 trillion market capitalization. Since the beginning of the year, AAPL delivered a -7.30% return, while its 12-month gains are up by 100.87%. As of April 01, 2021, the stock closed at $123.00 per share.

Here is what Sextant Growth Fund has to say about Apple Inc. in their Q4 2020 investor letter:

"Technology claimed six of the 10 Largest Contributors for 2020, demonstrating the effect of the pandemic, remote work, and the acceleration of various Technology and Consumer trends. Apple followed closely behind. More than once we have read Apple obituaries, but we believe the company’s combination of hardware and services will continue to drive the business for years to come, and we look forward to improved availability for the iPhone 12 Pro."

Our calculations show that Apple Inc. (NASDAQ: AAPL) ranks 10th in our list of the 30 Most Popular Stocks Among Hedge Funds. As of the end of the fourth quarter of 2020, Apple Inc. (NASDAQ: AAPL) was in 146 hedge fund portfolios, compared to 134 funds in the third quarter. AAPL delivered a -7.30% return in the past 3 months.

The top 10 stocks among hedge funds returned 231.2% between 2015 and 2020, and outperformed the S&P 500 Index ETFs by more than 126 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Here you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.

At Insider Monkey, we scour multiple sources to uncover the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation and boost real estate prices. So, we recommended this real estate stock to our monthly premium newsletter subscribers. We go through lists like the 15 best innovative stocks to buy to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our website:

Disclosure: None. This article is originally published at Insider Monkey.