5 Best NASDAQ Stocks Under $50

2. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Investors In Q1 2023: 68

Intel Corporation (NASDAQ:INTC) is the largest chip manufacturer in the world. The firm has struggled of late in maintaining its technological edge; most observers are watching it to see whether a new strategy to open up its manufacturing plants for others and aggressively pursuing technologies will yield favorable results.

68 of the 943 hedge funds part of Insider Monkey’s database had bought and owned Intel Corporation (NASDAQ:INTC)’s shares during Q1 2023. Out of these, the company’s largest hedge fund investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital through a $700 million stake.

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