5 Best Fast Growth Stocks to Buy Now

Page 5 of 5

1. Uber Technologies, Inc. (NYSE:UBER)

Number of Hedge Fund Investors: 135

Despite being a mature company, Uber continues to grow. During the fourth quarter of 2022 Uber saw its revenue jump 48.8% year over year to reach $8.6 billion, beating analyst estimates by $90 million. GAAP EPS in the period came in at $0.29, beating estimates by $0.45.

Uber is one of the most popular fast growth stocks among the elite hedge funds tracked by Insider Monkey. 135 hedge funds reported owning stakes in the company as of the end of the fourth quarter of 2022. The biggest hedge fund stakeholder of the company was Panayotis Takis Sparaggis’s Alkeon Capital Management which owns a $317 million stake in the company.

Page 5 of 5