5 Best Foreign Stocks To Buy Now

4. PDD Holdings Inc. (NASDAQ:PDD)

Number of Hedge Fund Investors In Q2 2023: 67

PDD Holdings Inc. (NASDAQ:PDD) is an electronic commerce company that sells a variety of different products. Continued expansion of online commerce has boded well for the firm, as not only has it beaten analyst EPS estimates in all four of its latest quarters, but its shares are also rated Strong Buy on average with an average share price target of $122.21.

As of June 2023 end, 67 out of the 910 hedge funds part of Insider Monkey’s database were the firm’s shareholders. PDD Holdings Inc. (NASDAQ:PDD)’s largest investor in our database is Lei Zhang’s Hillhouse Capital Management due to its $565 million investment.

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