5 Best Home Appliance Stocks to Buy

2. Conn’s Inc (NASDAQ: CONN)

Number of Hedge Fund Holders: 12

Conn’s Inc (NASDAQ: CONN) is a Texas-based furniture and appliance store chain. The stock jumped in June after the company posted a whopping 70% increase in retail sales. Home appliance sales jumped 40% to reach $113.26 million, while consumer electronics sales increased by 6.3% in the period.

At the end of the first quarter, 12 hedge  funds tracked by Insider Monkey held stakes in the company, up from 11 funds a quarter earlier.