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Barchart
Barchart
Will Ashworth

This Bill Gates Stock Just Hit a New 52-Week High and 1 Signal Says There’s More Room to Run

Bill Gates CocaCola FEMSA United States FMX Cascade CocaCola KOF Mexico Oxxo Europe

Femsa (FMX) was one of the 169 stocks and ETFs hitting new 52-week highs on Tuesday. It is one of Bill Gates's oldest investments.

Bill Gates’ investment vehicle, Cascade Investment LLC, owned 27.89 million ADS (American Depositary Shares) as of March 31. That represents 8.2% of the Mexican holding company’s total equity. Cascade’s stake in Femsa accounts for 10.71% of its total investments.

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