Below we listed the 5 best stocks to buy for beginner investors right now. For a detailed discussion as well as a more comprehensive list please see 15 Best Stocks To Buy Now For Beginner Investors.
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at the best stocks to buy now for beginner investors:
5. Visa Inc. (NYSE: V): $209.35
Number of Hedge Funds: 166 (2020Q4)
Number of Hedge Funds: 160 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $23.6 billion
Percent of Hedge Funds with Long Positions: 18.7%
First Quarter Return (through February 18): -4.1%
Popularity Ranking (2020Q3): 6
Popularity Ranking (2020Q2): 6
Noteworthy Hedge Fund Shareholders: Ken Fisher, Warren Buffett
JMiks / Shutterstock.com
4. Alphabet Inc. Class A (NASDAQ: GOOGL): $2,105.81
Number of Hedge Funds: 179 (2020Q4)
Number of Hedge Funds: 162 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $21.9 billion
Percent of Hedge Funds with Long Positions: 20.2%
First Quarter Return (through February 18): 20.2%
Popularity Ranking (2020Q3): 5
Popularity Ranking (2020Q2): 4
Noteworthy Hedge Fund Shareholders: Ken Griffin
Asif Islam / Shutterstock.com
3. Facebook, Inc. (NASDAQ: FB): $269.39
Number of Hedge Funds: 242 (2020Q4)
Number of Hedge Funds: 230 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $38.23 billion
Percent of Hedge Funds with Long Positions: 27.3%
First Quarter Return (through February 18): -1.4%
Popularity Ranking (2020Q3): 3
Popularity Ranking (2020Q2): 3
Noteworthy Hedge Fund Shareholders: Tiger Global Management LLC
Chase Coleman of Tiger Global
2. Microsoft Corporation (NASDAQ: MSFT): $243.79
Number of Hedge Funds: 258 (2020Q4)
Number of Hedge Funds: 234 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $52.9 billion
Percent of Hedge Funds with Long Positions: 29.1%
First Quarter Return (through February 18): 9.9%
Popularity Ranking (2020Q3): 2
Popularity Ranking (2020Q2): 2
Noteworthy Hedge Fund Shareholders: Viking Global
drserg / Shutterstock.com
1. Amazon.com, Inc. (NASDAQ: AMZN): $3,328.23
Number of Hedge Funds: 273 (2020Q4)
Number of Hedge Funds: 245 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $51.5 billion
Percent of Hedge Funds with Long Positions: 30.8%
First Quarter Return (through February 18): 2.2%
Popularity Ranking (2020Q3): 1
Popularity Ranking (2020Q2): 1
Noteworthy Hedge Fund Shareholders: Masayoshi Son
Please also see Bill Gates’ Most Recent Investments and Warren Buffett’s Top 10 Stock Picks.
Disclosure: None.
