In this article, we discuss 5 best feminist stocks to invest in. If you want to read about some more feminist stocks, go directly to 10 Best Feminist Stocks to Invest In.
5. The Hershey Company (NYSE:HSY)
Number of Hedge Fund Holders: 43
CEO: Michele Buck
The Hershey Company (NYSE:HSY) engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. It is one of the best feminist stocks to invest in. On September 9, The Hershey Company stated that it will spend $90 million to open two new production lines at a Mexican plant in the state of Nuevo Leon. This will increase the output of the company by 25% and will create 300 new jobs.
On July 29, Deutsche Bank analyst Steve Powers maintained a Hold rating on The Hershey Company (NYSE:HSY) stock and raised the price target to $227 from $219, appreciating the recent earnings beat of the firm.
At the end of the second quarter of 2022, 43 hedge funds in the database of Insider Monkey held stakes worth $1.3 billion in The Hershey Company (NYSE:HSY), compared to 40 in the previous quarter worth $1.4 billion.
4. Match Group, Inc. (NASDAQ:MTCH)
Number of Hedge Fund Holders: 54
Director and ex-CEO: Shar Dubey
Match Group, Inc. (NASDAQ:MTCH) provides dating products worldwide. It is one of the elite feminist stocks to invest in. On July 13, Match Group said that it has acquired another dating app, The League, a members-only dating app. The financial terms of the deal were not disclosed.
On October 4, JPMorgan analyst Cory Carpenter maintained an Overweight rating on Match Group, Inc. (NASDAQ:MTCH) stock and lowered the price target to $75 from $90, noting that the visibility around the Tinder turnaround and Japan trends will remain limited in Q3 earnings.
At the end of the second quarter of 2022, 54 hedge funds in the database of Insider Monkey held stakes worth $847 million in Match Group, Inc. (NASDAQ:MTCH), compared to 55 in the preceding quarter worth $1.9 billion.
In its Q4 2021 investor letter, Arch Capital Management, an asset management firm, highlighted a few stocks and Match Group, Inc. (NASDAQ:MTCH) was one of them. Here is what the fund said:
“We are long Match Group, Inc. (NASDAQ:MTCH) stock because it is the dominant player in online dating, giving it immense and growing power over the population of single people worldwide. This may seem like a callous way to describe the business, but it is the proper way to look at it from an investment lens.
For those that are unaware, Match Group owns every popular online dating property outside of Bumble, Badoo, and Grindr. Its apps and services include Tinder, Hinge, Match.com. BLK, Chispa, and many others…
In conjunction with this letter, we have published a report on Match Group. You can find it here: https://www.archcapitalfund.com/letters”
3. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders: 69
CEO: Safra A. Catz
Oracle Corporation (NYSE:ORCL) offers products and services that address enterprise information technology environments worldwide. It is one of the premier feminist stocks to invest in. On September 13, Oracle stated that it is now offering its MySQL HeatWave cloud database services on Amazon’s AWS cloud. Users of AWS will be able to run transaction processing, real time analytics, and machine learning in one service.
On October 19, Piper Sandler analyst Brent Bracelin upgraded Oracle Corporation (NYSE:ORCL) stock to Neutral from Underweight with a $70 price target, noting the company’s margins and increasing debt burden have largely played out.
At the end of the second quarter of 2022, 69 hedge funds in the database of Insider Monkey held stakes worth $4.2 billion in Oracle Corporation (NYSE:ORCL), compared to 61 in the previous quarter worth $4.3 billion.
In its Q2 2022 investor letter, First Eagle Investment Management, an asset management firm, highlighted a few stocks and Oracle Corporation (NYSE:ORCL) was one of them. Here is what the fund said:
“Oracle Corporation (NYSE:ORCL) is one of the world’s largest independent enterprise software companies and has been reinventing itself for the cloud-computing environment, a transition pursued primarily through investments in organic research and design and smallish, well-priced acquisitions. That said, Oracle in June closed its largest-ever deal with the acquisition of Cerner, a designer of software to store and analyze medical records and other healthcare data.
Oracle took on additional debt to finance this all-cash acquisition and as a result plans to moderate its stock-buyback program to focus on debt reduction. Despite the weak quarter for the stock, Oracle’s operations remain strong; it reported better- than-expected results for its most recent quarter and issued upbeat guidance for the coming fiscal year.”
2. General Motor Company (NYSE:GM)
Number of Hedge Fund Holders: 75
CEO: Mary T. Barra
General Motor Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories. It is one of the major feminist stocks to invest in. On October 11, General Motors announced that it is forming a new business unit, GM Energy, to offer solar panels, stationary battery packets, EV chargers, and other energy management products for businesses and homes. The company revealed that GM Energy will include Ultium Home and Ultium Commercial to create an ecosystem of energy management products and services.
On October 5, Morgan Stanley analyst Adam Jonas maintained an Equal Weight rating on General Motor Company (NYSE:GM) stock and lowered the price target to $30 from $42.
At the end of the second quarter of 2022, 75 hedge funds in the database of Insider Monkey held stakes worth $3.4 billion in General Motor Company (NYSE:GM), compared to 76 in the preceding quarter worth $5.5 billion.
In its Q1 2022 investor letter, Diamond Hill Capital, an asset management firm, highlighted a few stocks and General Motor Company (NYSE:GM) was one of them. Here is what the fund said:
“General Motor Company (NYSE:GM)—and the auto industry in general—continues to face headwinds related to supply chain disruptions and raw material cost inflation. In addition, uncertainty surrounding global energy markets due to inflation and the conflict in Ukraine has created a greater economic burden on consumers, which tends to slow automotive sales.”
1. Citigroup Inc. (NYSE:C)
Number of Hedge Fund Holders: 82
CEO: Jane Fraser
Citigroup Inc. (NYSE:C) provides various financial products and services to consumers, corporations, governments, and institutions. It is one of the prominent feminist stocks to invest in. On October 15, Citigroup revealed its plan that it is ready to shut down its institutional banking operations in Russia as the president of Russia plans to continue the war in Ukraine. A month ago, Citigroup said it would wind down its consumer and local operations in the country.
On October 17, BMO Capital analyst James Fotheringham maintained an Outperform rating on Citigroup Inc. (NYSE:C) stock and lowered the price target to $71 from $76, noting that the company reported mixed Q3 results with solid performance across Services, Branded Cards, and Retail Services.
Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm Berkshire Hathaway is a leading shareholder in Citigroup Inc. (NYSE:C), with 55 million shares worth more than $2.5 billion.
In its Q1 2022 investor letter, Diamond Hill Capital, an asset management firm, highlighted a few stocks and Citigroup Inc. (NYSE:C) was one of them. Here is what the fund said:
“Shares of Citigroup Inc. (NYSE:C) declined in the quarter as investors became increasingly negative on capital markets activity. The company is also continuing to divest certain consumer banking geographies which may be dilutive to earnings in the near term.”
You can also take a peek at 10 Best Guru Stocks To Buy Now and Top 10 Health Insurance Stocks to Buy.
