5 Best Dating Stocks to Buy Now

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In this article, we discuss the 5 best dating stocks to buy now. If you want to read our detailed analysis of these stocks, go directly to the 10 Best Dating Stocks to Buy Now.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind, let’s now take a look at the 5 best dating stocks to buy now:

5. 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS)

Number of Hedge Fund Holders: 22     

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) is a New York-based company that sells floral and food-related retail items. It was founded in 1982 and is ranked fifth on our list of 10 best dating stocks to buy now. The stock has returned more than 64% to investors over the course of the past twelve months. Flowers are perhaps the most popular and most common gift that many Americans associate with dating. Some of the items that the firm retails include flowers, fruit arrangements, plants, gift baskets, jewelry, and others. It has a market cap of close to $2.5 billion and posted close to $1.5 billion in revenue last year. 

In quarterly earnings results posted on April 29, 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS)  reported earnings per share of $0.02 for the third fiscal quarter, beating market estimates by $0.11. The revenue over the period was over $474 million, up 70% year-on-year. 

On April 30, investment advisory DA Davidson upgraded 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) stock to Buy from Neutral with a price target of $57 on the back of strong quarterly results posted by the firm a day earlier. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm GAMCO Investors is a leading shareholder in 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) with 581,900 shares worth more than $16 million. 

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