10 Best Technology Stocks To Buy Now

Below you can see our list of the 10 best technology stocks to buy now. You can read our detailed reasoning why you should be invested in the technology stocks as well as a more comprehensive list, please see 15 best technology stocks to buy now.

10. Adobe Inc. (NASDAQ:ADBE): $478

Number of Hedge Funds: 104 (2020 Q2)
Number of Hedge Funds: 106 (2020 Q3)
Total Dollar Amount of Long Hedge Fund Positions:$10.5 billion
Percent of Hedge Funds with Long Positions: 13.0%
Fourth Quarter Return (through December 1st): –2.3%
Popularity Ranking (2020 Q2): 19
Popularity Ranking (2020Q1): 14
Noteworthy Hedge Fund Shareholders: Stephen Mandel, Ken Fisher

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9. Salesforce.com Inc (NYSE:CRM): $222

Number of Hedge Funds: 107 (2020 Q2)
Number of Hedge Funds: 106 (2020 Q3)
Total Dollar Amount of Long Hedge Fund Positions:$11.1 billion
Percent of Hedge Funds with Long Positions: 13%
Fourth Quarter Return (through December 1st): -4%
Popularity Ranking (2020 Q2): 17
Popularity Ranking (2020Q1): 12
Noteworthy Hedge Fund Shareholders: Ken Fisher, Al Gore

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8. Booking Holdings Inc (NASDAQ:BKNG): $2077

Number of Hedge Funds: 96 (2020 Q2)
Number of Hedge Funds: 113 (2020 Q3)
Total Dollar Amount of Long Hedge Fund Positions:$6.7 billion
Percent of Hedge Funds with Long Positions: 13.8%
Fourth Quarter Return (through December 1st): 20%
Popularity Ranking (2020 Q2): 24
Popularity Ranking (2020 Q1): 28
Noteworthy Hedge Fund Shareholders: Paul Reeder and Gabriel Plotkin

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7. Apple Inc. (NASDAQ:AAPL): $123

Number of Hedge Funds: 128 (2020 Q2)
Number of Hedge Funds: 134 (2020 Q3)
Total Dollar Amount of Long Hedge Fund Positions:$127 billion
Percent of Hedge Funds with Long Positions: 16.4%
Fourth Quarter Return (through December 1st): 6.1%
Popularity Ranking (2020 Q2): 11
Popularity Ranking (2020 Q1): 10
Noteworthy Hedge Fund Shareholders: Warren Buffett, Ken Fisher

6. PayPal Holdings, Inc. (NASDAQ:PYPL): $211

Number of Hedge Funds: 144 (2020 Q2)
Number of Hedge Funds: 150 (2020 Q3)
Total Dollar Amount of Long Hedge Fund Positions:$11.5 billion
Percent of Hedge Funds with Long Positions: 18.4%
Fourth Quarter Return (through December 1st): 9.9%
Popularity Ranking (2020 Q2): 9
Popularity Ranking (2020Q1): 11
Noteworthy Hedge Fund Shareholders: Philippe Laffont, Christopher Lyle

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5. Top 5 Stocks Among Hedge Funds:

We recently launched a YouTube channel and created a video listing the top 5 stocks among hedge funds. The list of top 5 hedge fund stocks didn’t change since Q4 of 2019. Until we produce the new video for this quarter you can watch our video of Q1’s top 5 hedge fund stocks below. Don’t forget to subscribe to our YouTube channel if you like our video below: