World's leading venture philanthropic organizations – the Bill & Melinda Gates Foundation Trust – recently revealed its diversified investment portfolio.
Mr Gates’ trust sold its holdings in Uber Technologies and Alibaba Group Holding. It also slashed its position by 50 per cent in Apple, Amazon, and Alphabet.
Here are five stocks in which Bill Gates boosted its stakes recently:
This US-based transportation is up nearly 83 per cent in one year. it pays a quarterly dividend of US$ 0.65 per piece and has a lucrative five-year dividend growth of 23.35 per cent.
United Parcel Service Inc
This blue-chip stock has an impressive return on equity of 68.45 per cent, with a market cap of US$ 113.33 billion. It has a dividend yield of 2.59 per cent.
The chemical firm’s stock has gained as much as 18.60 per cent in one year and distributes a quarterly dividend of US$ 0.48 per common share.