10 Best Aggressive Growth Stocks to Buy According to Hedge Funds

3. Hess Corporation (NYSE:HES)

Revenue Growth: 39.90%

Number of Hedge Fund Investors In Q2 2024: 73

Hess Corporation (NYSE:HES) is a mid sized oil and gas exploration and production company with operations in the US, Thailand, Guyana, and other regions. The firm sits at the heart of the current trends underpinning the American energy industry that has seen big ticket names the likes of Chevron and Exxon expand their shale oil production footprint through acquisitions. Hess Corporation (NYSE:HES) is slated to be acquired by Chevron for a cool $53 billion price tag that will see Hess Corporation (NYSE:HES)’s shareholders receive 1.025 CVX shares for each of their shares. Therein lies the firm’s hypothesis too, as any positive developments can translate into tailwinds for the stock and vice versa. The deal is currently expected to close by May 2025, and any further delays could lead to volatility in the stock.