5 Best Low-Priced Technology Stocks To Invest In

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1. Lyft, Inc. (NASDAQ:LYFT)

Number of Hedge Fund Holders: 45

Lyft, Inc. (NASDAQ:LYFT) shares have been gaining on the back of some positive news. First, Lyft, Inc. (NASDAQ:LYFT) recently selected board member David Risher as its new CEO. Wedbush Securities analyst Dan Ives called it a “right strategic move.” Second, Lyft, Inc. (NASDAQ:LYFT) shares got a boost after a California court ruled that ride-hailing companies can treat their drivers as independent contractors and not employees.

Hedge funds are also piling into Lyft, Inc. (NASDAQ:LYFT). Insider Monkey data shows 45 hedge funds had stakes in Lyft, Inc. (NASDAQ:LYFT) as of the end of the fourth quarter of 2022, up from 37 hedge funds in the previous quarter.

You can also take a peek at 10 Best Delivery Stocks To Buy Now and 10 High Growth Retail Stocks That Are Profitable.

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