5 Best Aggressive Stocks To Buy Now

4. Coinbase Global, Inc. (NASDAQ:COIN)

Number of Hedge Fund Holders: 49

Coinbase Global, Inc. (NASDAQ:COIN) owns and runs a crypto exchange platform. Since a blockbuster debut on the stock market in April, the stock has slumped in value amid a Chinese government crackdown against crypto and regulatory uncertainty in the United States. However, it is becoming increasingly evident that blockchain technology is here to stay. Even hedge funds have turned bullish on the tech in recent months. 

On October 26, investment advisory Piper Sandler maintained an Overweight rating on Coinbase Global, Inc. (NASDAQ:COIN) stock and raised the price target to $360 from $335, pointing to the greater mainstream adoption of crypto as the basis for the bullish view. 

Among the hedge funds being tracked by Insider Monkey, New York-based firm ARK Investment Management is a leading shareholder in Coinbase Global, Inc. (NASDAQ:COIN) with 5.6 million shares worth more than $1.4 billion.