5 Best NASDAQ Stocks To Buy Today

In this piece, we will take a look at five best NASDAQ stocks to buy today. To gain a deeper understanding of the stock market, take a look at 15 Best NASDAQ Stocks To Buy Today.

5. Chord Energy Corporation (NASDAQ:CHRD)

Number of Hedge Fund Investors In Q1 2023: 38

Chord Energy Corporation (NASDAQ:CHRD) is an oil and gas company headquartered in Houston, Texas. The firm is an exploration and production company. Its shares have appreciated by a considerable 20% over the past six months, and the average price target of $179 is still higher than the market price.

As 2023’s March quarter ended, 38 of the 943 hedge funds polled by Insider Monkey had bought a stake in the company. Christian Zann’s Sourcerock Group is Chord Energy Corporation (NASDAQ:CHRD)’s largest hedge fund shareholder in our database with a sizeable $79 million investment.

4. argenx SE (NASDAQ:ARGX)

Number of Hedge Fund Investors In Q1 2023: 43

argenx SE (NASDAQ:ARGX) is a biotechnology company that develops treatments for immune system diseases. Its shares have been on a tear recently after the firm received crucial approvals from the FDA and Chinese regulators.

43 of the 943 hedge funds profiled by Insider Monkey for their Q1 2023 shareholdings had invested in argenx SE (NASDAQ:ARGX). Out of these, the firm’s largest shareholder is Kurt Von Emster’s VenBio Select Advisor since it owns 1.2 million shares that are worth $479 million.

3. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)

Number of Hedge Fund Investors In Q1 2023: 59

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a storage space provider serving the needs of both the public and the corporate and government sectors. The firm’s average share price target is $58, for a sizeable upside over the $47 trading price.

By the end of this year’s first quarter, 59 of the 943 hedge funds surveyed by Insider Monkey had bought WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)’s shares.

2. DexCom, Inc. (NASDAQ:DXCM)

Number of Hedge Fund Investors In Q1 2023: 66

DexCom, Inc. (NASDAQ:DXCM) designs and sells glucose monitoring systems that also enable continuous monitoring of health data for better insights. The firm shared in June 2023 that it will announce new products next year, including those for diabetics not using insulin.

Insider Monkey’s March quarter of 2023 research of 943 hedge fund holdings revealed that 66 had invested in DexCom, Inc. (NASDAQ:DXCM). Ken Griffin’s Citadel Investment Group is the company’s largest hedge fund shareholder, owning a stake worth $469 million.

1. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Investors In Q1 2023: 155

Alphabet Inc. (NASDAQ:GOOG) is one of the biggest technology companies in the world. These days, it is investing heavily into machine learning, to develop products for a variety of different industries.

As of Q1 2023, 155 out of the 943 hedge funds part of Insider Monkey’s database had owned a stake in the company. Alphabet Inc. (NASDAQ:GOOG)’s largest investor in our database is Ken Fisher’s Fisher Asset Management with a $4.3 billion investment.

Disclosure: None. You can also take a look at 10 Dow Stocks Billionaires Are Loading Up On and 10 Hot Penny Stocks To Buy.

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