In this article we are going to share our list of the top 5 best stocks to buy now for beginner investors, based on Insider Monkey’s article. Insider Monkey has been watching the top stock picks of hedge funds, and managed to beat the market consistently in the past few years. For instance, billionaire Warren Buffett’s advice for beginners investors is to buy an S&P 500 Index fund and stay invested no matter what happens. It’s really fair advice, since the investment of the beginners will gain profits from the rising markets on the long run, and will generate the average return of an average investor. However, Insider Monkey recommends a different and better strategy. Instead of imitating an average stock picks and getting average returns, they suggest imitating the best stock picks and you will get better returns. The best fund managers are generally wealthy and manage large amount of money for others. The Securities and Exchange Commission asks money managers who invest at least $100 million in America to show their holdings to the public every three month. Consequently, we can observe their stock picks and can imitate them.
And now let’s check out two out of the top 5 most popular stocks among hedge funds at the end of December 2020. Alphabet stands on the fourth, while Microsoft Corporation is on the second spot. If you are interested in more information about the 5 best stocks to buy now for beginners, please click and jump to see the entire original article.
Alphabet Inc. Class A (NASDAQ: GOOGL): $2,105.81
Number of Hedge Funds: 179 (2020Q4)
Number of Hedge Funds: 162 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $21.9 billion
Percent of Hedge Funds with Long Positions: 20.2%
First Quarter Return (through February 18): 20.2%
Popularity Ranking (2020Q3): 5
Popularity Ranking (2020Q2): 4
Noteworthy Hedge Fund Shareholders: Ken Griffin
Microsoft Corporation (NASDAQ: MSFT): $243.79
Number of Hedge Funds: 258 (2020Q4)
Number of Hedge Funds: 234 (2020Q3)
Total Dollar Amount of Long Hedge Fund Positions: $52.9 billion
Percent of Hedge Funds with Long Positions: 29.1%
First Quarter Return (through February 18): 9.9%
Popularity Ranking (2020Q3): 2
Popularity Ranking (2020Q2): 2
Noteworthy Hedge Fund Shareholders: Viking Global
