5 Best High Volume Stocks To Buy Today

In this piece, we will take a look at the five best high volume stocks to buy today. If you want to take a look at some investing indicators then check out 16 Best High Volume Stocks To Buy Today.

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Investors In Q2 2023: 135

Apple Inc. (NASDAQ:AAPL) is one of the most valuable companies in the world making it unsurprising that it is also a high volume stock. However, uncertainty about interest rate hikes has also led its shares to pare back some of their 2023 gains in August.

During Q2 2023, 135 out of the 910 hedge funds profiled by Insider Monkey had bought a stake in Apple Inc. (NASDAQ:AAPL). Warren Buffett’s Berkshire Hathaway is the company’s biggest shareholder through a massive $177 billion stake.

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Investors In Q2 2023: 175

NVIDIA Corporation (NASDAQ:NVDA) is a graphics processing unit (GPU) designer. Its shares have been on a tear this year after strong investments and product offerings for the data center artificial intelligence market. NVIDIA’s latest earnings report was also a blockbuster, pushing the share price to a record high level.

By the end of this year’s second quarter, 175 out of the 910 hedge funds part of Insider Monkey’s research were NVIDIA Corporation (NASDAQ:NVDA)’s investors. Rajiv Jain’s GQG Partners is the largest stakeholder since it owns $5.8 billion worth of shares.

3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Investors In Q2 2023: 204

Alphabet Inc. (NASDAQ:GOOGL) is another technology giant. The firm expanded its AI partnerships in August after it teamed up with General Motors for the latter’s navigation and roadside assistance service OnStar.

As of June 2023, 204 out of the 910 hedge funds surveyed by Insider Monkey had invested in the company. Alphabet Inc. (NASDAQ:GOOGL)’s largest stakeholder is Ken Fisher’s Fisher Asset Management since it owns 42 million shares that are worth $5.1 billion.

2. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Investors In Q2 2023: 278

A blue chip stock, Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest online retailers in the world. It’s another big tech stock that reported strong second quarter earnings, as it beat analyst EPS estimates by 30 cents.

Insider Monkey dug through 910 hedge fund portfolios and discovered that 278 had held a stake in Amazon.com, Inc. (NASDAQ:AMZN) during 2023’s second quarter. Ken Fisher’s Fisher Asset Management is the biggest shareholder among these due to its $5.3 billion stake.

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Investors In Q2 2023: 300

Microsoft Corporation (NASDAQ:MSFT) is a software and technology company. The firm added another customer to its large language model (LLM) portfolio in August after an enterprise services provider started using the LLM software for its customer management function.

300 out of the 910 hedge funds profiled by Insider Monkey had bought the firm’s shares in Q2 2023. Michael Larson’s Bill & Melinda Gates Foundation Trust is the largest hedge fund investor since it owns 39.2 million shares that are worth $13.7 billion.

Disclosure: None.  You can also take a look at 11 Best Global Luxury Stocks to Buy and Long Term Returns of Jeff Smith’s Activist Targets.

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