5 Best 5G Stocks To Buy According To Hedge Funds

4. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 78     

Intel Corporation (NASDAQ:INTC) is a California-based firm that sells essential technologies for smart devices. It is ranked fourth on our list of 11 best 5G stocks to buy according to hedge funds.

On October 6, investment advisory Morgan Stanley maintained an Overweight rating on Intel Corporation (NASDAQ:INTC) stock but lowered the price target to $67 from $70, underlining greater headwinds for the firm in the near-term. 

At the end of the second quarter of 2021, 78 hedge funds in the database of Insider Monkey held stakes worth $6.7 billion in Intel Corporation (NASDAQ:INTC).