8. Alibaba Group Holding Limited (NYSE:BABA)
Number of Hedge Fund Holders: 102
Alibaba Group Holding Limited (NYSE:BABA) ranks among the best most active stocks to buy according to hedge funds. On May 20, Alibaba Group Holding Limited (NYSE:BABA) unveiled a significant overhaul to its AI stack, which includes cloud infrastructure, model-based services, AI processors, and foundation models, to assist clients in developing and deploying AI agents. Notably, at the Alibaba Cloud Summit, the company revealed Qwen3.7-Max, its most recent LLM designed for agentic programming, intricate reasoning, and long-term task performance.
The model is tailored for agent platforms such as OpenClaw, Hermes Agent, and Claude Code, and is capable of handling over 1,000 tool calls without experiencing performance decrease for as long as 35 hours.
Additionally, on May 14, Benchmark reaffirmed its $220 price objective and Buy rating on Alibaba Group Holding Limited (NYSE:BABA). Alibaba’s fourth-quarter fiscal 2026 results, according to the firm, came in below consensus but were generally consistent with forecasts. Due to robust enterprise demand, AI-related revenue grew at triple digits, while external AI cloud revenue surged to roughly 40% year-over-year.
Alibaba Group Holding Limited (NYSE:BABA) operates as a technology infrastructure and marketing solutions provider. It operates both within the People’s Republic of China and internationally. The company was founded by Chung Tsai and Yun Ma in June 1999 and is headquartered in Causeway Bay, Hong Kong.
7. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 170
Apple Inc. (NASDAQ:AAPL) ranks among the best most active stocks to buy according to hedge funds. On May 14, Evercore ISI boosted its price target for Apple Inc. (NASDAQ:AAPL) to $365 from $330, while keeping an Outperform rating on the tech giant’s shares. The firm recently published its sixth annual Apple primer, which outlines investment themes that are expected to influence the company in the years to come.
The firm listed a number of growth drivers, such as ongoing premiums of the iPhone product line with an anticipated foldable launch, a steady shift toward offerings that boost gross margins, possible increases in market share, strong capital returns, and prospects for monetizing AI.
Evercore ISI believes Apple Inc. (NASDAQ:AAPL) may amplify earnings per share and free cash flow at a low to mid-teens rate despite weak iPhone unit growth, thanks to service growth and increased average retail prices from higher-end models. The firm stated that a successful Apple Intelligence rollout might open up new revenue opportunities without forcing Apple Inc. (NASDAQ:AAPL) to meet the capital expenditure levels of hyperscalers.
Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and home accessories. The company develops its own operating systems (iOS and macOS) and provides digital services, including iCloud, Apple Pay, and content streaming via the App Store and Apple TV+.
