In September, the S&P 500 fell by about 5%. Since 2008, this has been the worst month for the stock market. Rising interest rates, debt limit anxiety, Chinese real estate troubles, and valuation concerns fueled the sell-off. In the first eight months of 2021, the index is up 20.4 percent. According to a recent poll by the National Association for Business Analysts in the United States, economists predict GDP to increase at 5.6 percent this year, down from 6.7 percent earlier this year. Amazon.com, Microsoft Corporation, and Apple Inc. are some of the stocks to keep an eye on.
Here is Insider Monkey’s list of the 15 best stocks to invest in right now. JPMorgan Chase & Co. is ranked fifteenth. At the end of the second quarter of 2021, 108 hedge funds out of 873 tracked by Insider Monkey had positions in the company worth $4.8 billion. Salesforce.com, Inc. is ranked fourteenth. With about 99,069 shares worth more than $24.19 billion, Rishi Renjen of ROAM Global Management is the company’s largest shareholder. The Walt Disney Company is a media and entertainment company based in the United States. Philippe Laffont of Coatue Management is one of the company’s leading shareholders at the end of the second quarter of 2021. In the June quarter, 112 funds were positive on the firm, compared to 134 the previous quarter. Netflix, Inc. is a subscription-based video-on-demand service. In over 190 countries, the company has around 204 million paid members. On selecting the 15 greatest stocks to invest in right now, the entertainment company is ranked 12th. With about 43.68 million shares valued at over $12.14 billion, the Bill & Melinda Gates Foundation Trust is one of Berkshire Hathaway Inc.’s largest stockholders. On the list of the 15 greatest stocks to invest in right now, the company is ranked eleventh. JPMorgan’s Doug Anmuth boosted his price target on Uber Technologies, Inc. to $72 in September. Hedge funds are bullish on the ride-hailing company, as 130 hedge funds have positions in the company in the first quarter. For more details, click 15 Best Stocks To Invest In Right Now According To Hedge Funds.
Pixabay
