12 Best WallStreetBets Stocks To Buy According to Hedge Funds

8. Gartner, Inc. (NYSE:IT)

Number of Hedge Fund Holders: 57

Gartner, Inc. (NYSE:IT) operates as a research and advisory company. The company’s impressive contract value growth, mainly in the GTS and GBS segments, exhibits its ability to attract new business and retain existing clients. This strong recurring revenue base offers stability and predictability to the company’s financial performance. As and when contract value growth accelerates, Gartner, Inc. (NYSE:IT) can lead to enhanced profit margins and higher cash flow. This financial strength can allow the company to invest in new technologies, expand service offerings, and focus on pursuing strategic acquisitions to further cement its market position.

Gartner, Inc. (NYSE:IT)’s well-established brand and reputation in the broader IT research and advisory space place it to reap the benefits of higher demand for technology and business insights. With companies across industries undergoing digital transformation, the company can use its expertise to enhance its client base and deepen relationships with existing customers. Also, its operational efficiency improvements and healthy retention rates demonstrate that Gartner, Inc. (NYSE:IT) can improve its operations effectively. Baron Funds, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:

“Shares of Gartner, Inc. (NYSE:IT), a provider of syndicated research, detracted from performance as core subscription growth remained stable rather than inflecting higher. We believe trends are poised to accelerate over the next several quarters as comparisons ease and business conditions improve. In our view, Gartner will emerge as a critical decision support resource for every company evaluating the opportunities and risks of AI on its business, which should provide a tailwind to volume growth and pricing realization over time. We expect Gartner’s sustained revenue growth and focus on cost control to drive continued margin expansion and enhanced free cash flow generation. The company’s balance sheet is in excellent shape and can support aggressive repurchases and bolt-on acquisitions.”