14 Best NASDAQ Stocks to Buy According to Hedge Funds

5. Intuit Inc. (NASDAQ:INTU)

Number of Hedge Fund Holders: 105

Intuit Inc. (NASDAQ:INTU) is one of the best NASDAQ stocks to buy according to hedge funds. On September 23, Intuit announced the rapid advancement of its proprietary GenAI Operating System/GenOS. Over the past 90 days, Intuit has accelerated the development of done-for-you agentic AI experiences at scale across its platform to fuel financial success for its ~100 million consumer and business customers worldwide.

Intuit’s foundation of AI and data capabilities includes generating 60 billion ML predictions daily, and maintaining 625,000 customer and financial attributes per small business and 70,000 tax and financial attributes per consumer. Intuit’s investment in a robust GenOS has been ongoing for the past 3 years. The company has supported GenOS with several new capabilities to streamline end-to-end agent development.

These include New custom-trained Financial Intuit LLMs fine-tuned on financial data, which power existing agentic AI capabilities in QuickBooks Online Virtual Team of AI Agents and Intuit Enterprise Suite Agentic AI Experiences and Financial Management Capabilities (introduced in July). Early results for some accounting workflows using these proprietary models show a 5% improvement in accuracy and a 50% reduction in latency compared to certain general-purpose off-the-shelf LLMs.

Intuit Inc. (NASDAQ:INTU) provides financial management, payments & capital, compliance, and marketing products & services in the US through four segments: Global Business Solutions, Consumer, Credit Karma, and ProTax.