If you are thinking of the hottest investments, then come with us as we are going to present you with Insider Monkey’s latest article about the best technology stocks to buy now. What should be done if the stock market closes down for ten days? Insider Monkey’s advice: buy the technology stocks!
Many of the investors put their money into the S&P 500 Index ETFs, as they believe that winners and losers can’t be identified, but actually they are not right. On checking Warren Bufett’s latest 13F filing, you can see, that the Oracle of Omaha invested in Apple Inc its 48% of its entire 1F portfolio. Actually, if you observe Buffett’s investments, you can learn that he invested 20% of Berkshire Hathaway’s market cap in Apple Inc, gaining more profits from it, than all its revenues from all its businesses combined. In the last thirty years new technologies have changed our lives totally, and it happens continuously, it will never end. The future depends on technology, and the only thing we can do is to adapt to it.
And now, without a further ado, let’s check out two stocks from Insider Monkey’s compilation. The first one, Booking Holding Inc stands on the eighth spot, while it’s followed by PayPal Holdings Inc standing on the sixth spot. For more arresting and the hottest tips and hints regarding to this issue, please skip to the list of the best technology stocks to buy now.
Booking Holdings Inc, (NASDAQ:BKNG) $2077
Number of Hedge Funds: 96 (2020 Q2)
Number of Hedge Funds: 113 (2020 Q3)
Total Dollar Amount of Long Hedge Fund Positions:$6.7 billion
Percent of Hedge Funds with Long Positions: 13.8%
Fourth Quarter Return (through December 1st): 20%
Popularity Ranking (2020 Q2): 24
Popularity Ranking (2020 Q1): 28
Noteworthy Hedge Fund Shareholders: Paul Reeder, Gabriel Plotki
Paypal Holdings, Inc (NASDAQ:PYPL): $211
Number of Hedge Funds: 144 (2020 Q2)
Number of Hedge Funds: 150 (2020 Q3)
Total Dollar Amount of Long Hedge Fund Positions:$11.5 billion
Percent of Hedge Funds with Long Positions: 18.4%
Fourth Quarter Return (through December 1st): 9.9%
Popularity Ranking (2020 Q2): 9
Popularity Ranking (2020Q1): 11
Noteworthy Hedge Fund Shareholders: Philippe Laffont, Christopher Lyle