5 Favorite Stocks of Millionaires

The investing habits of the rich aren't all that different from the investing habits of the rest of us.

Business woman are checking stock market graph on digital tablet
(Image credit: iStock)

The investing habits of the rich aren't all that different from the investing habits of the rest of us. Sure, millionaires have the means to access exotic investments -- and some certainly do -- but it turns out the favorite place to put their money to work is a familiar one: the U.S. stock market. When Tiger 21, a private investing club, surveyed its high-net-worth members in 2016, publicly traded stocks topped the list of favored investments. Real estate came in second, followed by private equity and hedge funds. Fixed income rounded out the top five.

In particular, members of Tiger 21, who must have at least $10 million in investable assets to join, prefer stocks in the financial, technology and energy sectors. Looking ahead, members see the most growth opportunity over the next three years in the tech sector. Wondering which stocks Tiger 21's members like the most? Wonder no more. Here are the five favorite stocks of millionaire investors.

Disclaimer

Securities are listed alphabetically. Prices and other data are as of June 1, unless otherwise indicated.

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Dan Burrows
Senior Investing Writer, Kiplinger.com

Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics, demographics, real estate, cost of living indexes and more.

Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.

Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.