Ken Fisher Super Stocks: 5 Biggest Small-Cap Stocks

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1. Yelp Inc. (NYSE:YELP)

Number of Hedge Fund Holders: 20

Fisher Asset Management’s Stake Value: $97,439,000

Yelp Inc. (NYSE:YELP) is a California-based company offering a platform where free and paid advertising products are available to businesses, including cost-per-click search advertising and multi-location ad products. Customers can also leave reviews for businesses on the Yelp platform. In Q3 2022, Ken Fisher owned 2.8 million shares of Yelp Inc. (NYSE:YELP) worth $97.4 million, representing 0.07% of the total 13F securities. 

On October 10, Morgan Stanley analyst Brian Nowak raised the price target on Yelp Inc. (NYSE:YELP) to $35 from $33 and kept an Underweight rating on the shares. His latest conversations in the industry reflect that the online ad market seems to be holding up “relatively well” and he still forecasts approximately 11% year-over-year U.S. online ad growth in 2022, but trends vary largely by ad vertical, the analyst told investors.

According to Insider Monkey’s data, 20 hedge funds were long Yelp Inc. (NYSE:YELP) at the end of the second quarter of 2022, compared to 21 funds in the prior quarter. Chet Kapoor’s Tenzing Global Investors held a prominent stake in the company, with 1.95 million shares worth $54 million. 

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You can also take a look at 12 Best 5G Stocks To Buy Now and 15 Biggest Broadcasting Companies in the World

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