5 Best Stocks to Buy for an 18 Year Old

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1. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 221 

Alphabet Inc. (NASDAQ:GOOGL) is a California-based technology firm. Investment advisory Needham has identified Alphabet Inc. (NASDAQ:GOOGL) as one of the top picks for 2024 given the expected rise in ad spending and artificial intelligence. 

At the end of the third quarter of 2023, 221 hedge funds in the database of Insider Monkey held stakes worth $26 billion in Alphabet Inc. (NASDAQ:GOOGL), compared to 204 in the preceding quarter worth $17 billion.

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