5 Best African Stocks To Invest In

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1. Royal Caribbean Cruises Ltd. (NYSE:RCL)

Number of Hedge Fund Investors In Q2 2023: 45

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise ship operator that covers destinations in Africa. After the coronavirus pandemic decimated its operations, the firm is on the road to gradual recovery and is expected to benefit from the surge in demand for cruise products from retirees.

45 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) as of Q2 2023. D. E. Shaw’s D E Shaw is the biggest shareholder among these through a $395 million stake.

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Disclosure: None.  You can also take a look at 10 Best Blockchain and Bitcoin ETFs and Dow 30 Stocks List: Ranked By Hedge Fund Bullishness Index.

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