5 Best High Volume Stocks To Buy According to Hedge Funds

3. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Investors In Q4 2023: 78

Average 3 Month Trading Volume: 8.68 million

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the biggest semiconductor designers in the world when it comes to smartphone hardware. Its shares saw favorable attention from Keybanc in April 2024 as the firm raised QUALCOMM Incorporated (NASDAQ:QCOM)’s share price target to $205 from $180 and kept an Overweight rating on the back of favorable positioning for AI.

By the end of last year’s fourth quarter, 78 out of the 933 hedge funds covered by Insider Monkey were the firm’s shareholders. John Overdeck And David Siegel’s Two Sigma Advisors is QUALCOMM Incorporated (NASDAQ:QCOM)’s biggest investor in our database through its $431 million investment.

Follow Qualcomm Inc (NASDAQ:QCOM)