14 Best Multibagger Stocks to Buy According to Hedge Funds

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8: Tapestry (NYSE:TPR)

Number of Hedge Funds: 73

1Y Return: 165%

Tapestry (NYSE:TPR) is one of the best multibagger stocks according to hedge funds. On July 22, 2025, Raymond James analyst Rick Patel reiterated his “Outperform” rating on Tapestry and raised the price target from $85 to $115.

Analysts, in general, point to accelerating momentum in the company’s Coach brand, particularly strong demand for its Tabby and Brooklyn bag lines, and noted improving web traffic as a signal of rising consumer interest. They also pointed to operational streamlining following the sale of the Stuart Weitzman brand and emphasized the company’s focus on scaling its higher-margin core businesses. Analysts expect the sharpened portfolio to support margin expansion and top-line acceleration in the upcoming quarters.

Tapestry, Inc. (NYSE: TPR) is a New York–based luxury fashion company and the parent of Coach and Kate Spade. It designs and markets handbags, accessories, and footwear globally.

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