5 Best Climate Change Stocks To Buy According To Hedge Funds

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1. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 88

Tesla, Inc. (NASDAQ:TSLA) is an automobile manufacturer. It sells electric vehicles and energy generation and storage systems.

On November 23, Itay Michaeli at Citigroup upgraded Tesla, Inc. (NASDAQ:TSLA) from Sell to Neutral, with a $176 price target.

Tesla, Inc. (NASDAQ:TSLA) has a significant market capitalization and a positive EBIT margin of 16.66%. The company also shows significantly high revenue and EBIT growth rates. Its revenue growth rate over the last five years CAGR is 47.41%.

Tesla, Inc. (NASDAQ:TSLA) was found among the 13F holdings of 88 hedge funds in the third quarter, with a total stake value of $7.4 billion.

Follow Tesla Inc. (NASDAQ:TSLA)

See also 12 Best AI Stocks To Buy Now and 15 Biggest Exploration and Production Companies in the World.

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