5 Best Most Active Stocks to Buy Now

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1. Tesla, Inc. (NASDAQ:TSLA)

Average 3-month Volume: 138.05 million

Number of Hedge Fund Holders: 82

Based in Austin, Texas, Tesla, Inc. (NASDAQ: TSLA), designs, develops, manufactures, sell and lease fully electric vehicles and energy generation and storage solutions. Its current portfolio of products includes Model 3 and Model S sedans, Model Y and Model X SUVs, while upcoming products include Cybertruck, Tesla Roadster and Tesla Semi – a light commercial vehicle.

Tesla, Inc. (NASDAQ: TSLA) produced nearly 480,000 vehicles in Q2 2023 and delivered more than 466,000 vehicles during the same period. The company has six large scale manufacturing facilities across the world, including its first plant in California, and gigafactories across Nevada, New York, Shanghai, Texas, and Berlin.

On July 6, BofA analyst John Murphy raised the price target on Tesla, Inc. (NASDAQ:TSLA) shares to $300 from $225 but maintained a ‘Neutral’ rating for the shares.

Tesla, Inc. (NASDAQ:TSLA) is the best most active stock to buy now based on hedge fund sentiment as well as average 3-month trading volume. Its shares were held by 82 hedge funds with total value of $6.4 billion, as of March 31.

You may also like to read 11 Best Local Bank Stocks to Buy According to Hedge Funds and Rob Citrone Podcast and Stock Picks

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