5 Best Breakout Stocks to Buy Now

2. Intuit Inc. (NASDAQ:INTU)

Number of Hedge Fund Investors In Q1 2023: 86

Intuit Inc. (NASDAQ:INTU) is a software company that provides payroll, payment processing, and other services. Its average share price target and current share price both sit at $451, but a slew of recent coverage has rated the stock Buy, Overweight, or Outperform.

86 out of the 943 hedge funds part of Insider Monkey’s Q1 2023 research had invested in Intuit Inc. (NASDAQ:INTU). The firm’s biggest hedge fund investor is Ken Fisher’s Fisher Asset Management since it owns $1.1 billion worth of shares.

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