5 Best Fast Growth Stocks to Buy Now

In this article, we will take a look at the 5 best fast growth stocks to buy now. To read our analysis of the recent trends, and market activity, you can go to the 15 Best Fast Growth Stocks to Buy Now.

5. BILL Holdings, Inc. (NYSE:BILL)

Number of Hedge Fund Holders: 54

BILL Holdings, Inc. (NYSE:BILL) is a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and medium businesses (SMBs). Its platform allows users to manage end-to-end financial workflows and to process payments.

On November 2, BILL Holdings, Inc. (NYSE:BILL) released its financial results for Q3 2023. Its revenue increased by 33% y-o-y to $305 million while it generated a net loss of $28 million, compared to a net loss of $82 million.

BILL Holdings, Inc. (NYSE:BILL) ranks 5^th on our list of 15 best fast growth stocks to buy now. The shares of the company were owned by 54 hedge funds with a total value of $1.4 billion, as of Q3 2023. Stephen Mandel’s Lone Pine Capital was the largest shareholder among hedge funds, with ownership of 2.5 million shares valued at $276 million.