5 Best Music Stocks to Invest in

3. NetEase, Inc. (NASDAQ:NTES)

Number of Q4 2023 Hedge Fund Shareholders: 36

NetEase, Inc. (NASDAQ:NTES) is a Chinese company headquartered in Hangzhou, China. A diversified technology company, it also owns and operates a music streaming service. NetEase, Inc. (NASDAQ:NTES) is also one of the strongest rated music stocks on our list, through its average share rating of Strong Buy and an average share price target of $135.44.

By the end of last year’s fourth quarter, 36 out of the 933 hedge funds covered by Insider Monkey’s research were NetEase, Inc. (NASDAQ:NTES)’s investors. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital owned the biggest stake which was worth $170 million.

Follow Netease Com Inc (NASDAQ:NTES)