5 Best Breakout Stocks to Buy Now

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In this piece, we will take a look at five breakout stocks to buy now. If you want to find out what’s happening to the stock market these days, then head on over to 11 Best Breakout Stocks to Buy Now.

5. Deere & Company (NYSE:DE)

Number of Hedge Fund Investors In Q1 2023: 65

Deere & Company (NYSE:DE) is an industrial machinery company that sells farming, construction, and forestry equipment. Out of the six analyst notes covering its shares in July and June, four rate them as Market Perform, Outperform, or Buy.

After digging through 943 hedge fund portfolios for their first quarter of 2023 shareholdings, Insider Monkey discovered that 65 had bought and owned a stake in the firm. Deere & Company (NYSE:DE)’s largest hedge fund investor is Michael Larson’s Bill & Melinda Gates Foundation Trust since it owns 3.9 million shares that are worth $1.6 billion.

Follow Deere & Co (NYSE:DE)

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