5 Best High Volume Stocks to Buy Now

2. Advanced Micro Devices, Inc. (NASDAQ: AMD)

Number of Hedge Fund Holders: 62
Volume: 163 million

Advanced Micro Devices, Inc. (NASDAQ: AMD) stock has offered investors returns exceeding 32% over the course of the past year. It is placed second on our list of 15 best high volume stocks to buy now. The firm is headquartered in California and makes and sells semiconductors. In earnings results for the second quarter, posted on July 27, the firm reported earnings per share of $0.63, beating estimates by $0.09. The revenue over the period was more than $3.8 billion, up 99% year-on-year. 

On July 29, investment advisory Argus reiterated a Buy rating on Advanced Micro Devices, Inc. (NASDAQ: AMD) stock and raised the price target to $120 from $106, underlining the revenue growth and margin expansion potential of the firm. 

Out of the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in Advanced Micro Devices, Inc. (NASDAQ: AMD) with 25 million shares worth more than $1.9 billion.