5 Best Blue Chip Stocks to Buy According to Hedge Funds

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In this article, we discuss 5 best blue chip stocks to buy according to hedge funds. If you want to see more best blue chip stocks to buy according to hedge funds, the risk/reward, and methodology of this list, go directly to 10 Best Blue Chip Stocks to Buy According to Hedge Funds.

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 135

Apple Inc. (NASDAQ:AAPL) is the world’s largest tech company by market capitalization that is held by 135 hedge funds in our database at the end of Q4, down from 140 at the end of Q3. Although it isn’t as popular with hedge funds in our database as some of other big tech stocks, Apple Inc. (NASDAQ:AAPL) nevertheless has substantial competitive advantages given its strong brand, financial strength, profitability, and substantial user base that could allow it to do well in the long term if it maintains its market share. In the middle of March, Bloomberg reported Apple Inc. (NASDAQ:AAPL) is delaying some bonuses and also expanding cost reduction efforts.

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