5 Best Stocks to Buy for Financial Independence

3. The Goldman Sachs Group, Inc. (NYSE: GS)

Number of Hedge Fund Holders: 76

The Goldman Sachs Group, Inc. (NYSE: GS) is a New York-based investment bank and financial services company founded in 1869. It is ranked third on our list of 10 best stocks to buy for financial independence. Goldman stock has returned more than 104% to investors in the past year. The company also pays a regular dividend. The company provides several investment banking services such as strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs.

The Goldman Sachs Group, Inc. (NYSE: GS) recently set up a cryptocurrency trading desk and also invested in a $15 million Series B funding round for Coin Metrics, a firm that provides crypto asset-related financial data.

Out of the hedge funds being tracked by Insider Monkey, London-based investment firm Crake Asset Management is a leading shareholder in The Goldman Sachs Group, Inc. (NYSE: GS) with 158,014 shares worth more than $51 billion.

Just like NVIDIA Corporation (NASDAQ: NVDA) and Mastercard Incorporated (NYSE: MA), The Goldman Sachs Group, Inc. (NYSE: GS) is one of the best stocks to buy for early retirement.