5 Best Upside Stocks To Buy Now

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1. Alibaba Group Holding Limited (NYSE:BABA)

Latest Share Price Upside: 63%

Number of Q3 2023 Hedge Fund Investors: 110

Alibaba Group Holding Limited (NYSE:BABA) is a Chinese technology conglomerate with sizeable electronic commerce, cloud computing, and other business divisions. The shares are rated Strong Buy on average and analysts have set an average share price target of $128.05.

As of Q3 2023 end, 110 among the 910 hedge funds tracked by Insider Monkey had bought Alibaba Group Holding Limited (NYSE:BABA)’s shares. Ken Fisher’s Fisher Asset Management was the largest shareholder out of these as it owned a $334 million stake.

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