Today we are going to present you with the list of the 5 best stocks to buy now for beginner investors, based on Insider Monkey’s latest article. Insider Monkey prefers to imitate the top stock picks of hedge funds, and the reason is simple. If you imitate an average stock picks of an average investor, you will gain average returns. But if you observe and follow the best stock picks of the best fund managers, your returns will be higher than average. The legendary billionaire investor Warren Buffett gave excellent advice to beginner investors, he suggested buying an S&P 500 index and staying invested whatever happens. Generally speaking, the best fund managers are wealthy people, and they look after large sums of money for others. According to Insider Monkey “the Securities and Exchange Commission asks money managers who invest at least $100 million in U.S. stocks and some other financial instruments to show their holdings to the public once a quarter.”
So here we have brought up with two out of the 5 most popular stocks among hedge funds at the end of December 2020. Visa Inc stands on the fifth spot, while Facebook is on the third one. If you are interested in more tips and hints, please click and jump to see the entire article about the 5 best stocks to buy now for beginners.
5. Visa Inc. (NYSE: V): $209.35
Number of Hedge Funds: 166 (2020Q4)
Number of Hedge Funds: 160 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $23.6 billion
Percent of Hedge Funds with Long Positions: 18.7%
First Quarter Return (through February 18): -4.1%
Popularity Ranking (2020Q3): 6
Popularity Ranking (2020Q2): 6
Noteworthy Hedge Fund Shareholders: Ken Fisher, Warren Buffett
3. Facebook, Inc. (NASDAQ: FB): $269.39
Number of Hedge Funds: 242 (2020Q4)
Number of Hedge Funds: 230 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $38.23 billion
Percent of Hedge Funds with Long Positions: 27.3%
First Quarter Return (through February 18): -1.4%
Popularity Ranking (2020Q3): 3
Popularity Ranking (2020Q2): 3
Noteworthy Hedge Fund Shareholders: Tiger Global Management LLC
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