5 Best Tech Stocks To Invest In Right Now.

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1. PayPal Holdings, Inc. (NASDAQ: PYPL)

The digital payment transfer company PayPal Holdings, Inc. (NASDAQ: PYPL) is the top stock to invest in according to Philippe Laffont.

Although the hedge fund manager has sold 3% of stake in the latest quarter to capitalize on more than 100% share price rally, PayPal is still the largest stock holding of Coatue Management portfolio.

Other hedge fund managers are also bullish on PayPal based on the Insider Monkey report. It is ranked 8th among the 30 most popular stocks among hedge funds. Here is what Polen Capital Management stated about PayPal Holdings:

“We continue to have high conviction in MasterCard and Visa, which we trimmed last quarter, and chose to rebalance our weights as we added to our position in PayPal. PayPal’s value proposition to merchants and consumers continues to expand in the current environment, and we believe this will have a lasting positive impact on the business. At the end of the quarter, our collective position in Visa, MasterCard, and PayPal was more than 13%, an increase in our aggregate weight from the start of the year.”

Please also see: 10 Best Stocks To Invest In Right Now According To Tech Billionaire and Top 10 Stocks To Buy Now According To Secretive Billionaire Quant Hedge Fund Manager

Disclosure: None.
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