Top 5 Stocks to Buy According to Charles Montanaro’s Hedge Fund

4. Alarm.com Holdings, Inc. (NASDAQ:ALRM)

Montanaro Asset Management’s Stake Value: $16.4 million

Percentage of Montanaro Asset Management’s 13F Portfolio: 1.97%

Number of Hedge Fund Holders: 21

Alarm.com Holdings, Inc. (NASDAQ:ALRM), the leading platform for intelligently connected property, is one of the underappreciated companies. The company’s stock price surged only 7% in the last twelve months despite strong financial numbers. In addition, the company has been introducing innovative new technology, including video analytics capabilities, to expand its revenue base and market share in both the residential and commercial markets.

As of September, Alarm.com Holdings was in 21 hedge funds’ portfolios. Prominent hedge funds like Ken Fisher’s Fisher Asset Management and Akre Capital Management were among the leading stakeholders in the company.