How to Play The AI Boom And NASDAQ Rally According To Hedge Fund Manager Brad Gerstner: Top 5 Stock Picks

4. Uber Technologies, Inc. (NYSE:UBER)

Mr. Gerstner’s Q1 2023 Investment: $422 million

Uber Technologies, Inc. (NYSE:UBER) is one of the largest ride sharing companies in the world and one of the pioneers of the industry. It enables dries to connect with riders and has also expanded its business model over the years to also include food delivery and other services.

Insider Monkey took a look at 943 hedge funds for their March quarter of 2023 investments and found out that 144 had bought the firm’s shares. Ken Fisher’s Fisher Asset Management is Uber Technologies, Inc. (NYSE:UBER)’s largest shareholder in our database as it owns a $658 million stake.

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