12 Best Global Stocks to Buy According to Hedge Funds

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10. Shell plc (NYSE:SHEL)

Number of Hedge Fund Holders: 54     

Shell plc (NYSE:SHEL) is a British multinational oil and gas company headquartered in London, England. In the fourth quarter of 2024, cash flow from operating activities was $13.2 billion, primarily driven by Adjusted EBITDA and working capital inflows of $2.4 billion. In February, Shell awarded a $70 million contract to Noble for the use of its semi-submersible rig, Noble Developer, in the Americas. The 180-day contract, including mobilization and demobilization, will begin in the third quarter of 2026. Shell has emphasized its confidence in Noble’s focus on ensuring safety and efficiency as part of the deal.

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