5 Best High Volume Stocks to Buy Now

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In this article, we discuss the 5 best high volume stocks to buy now. If you want to read our detailed analysis of these stocks, go directly to the 15 Best High Volume Stocks to Buy Now.

5. Sundial Growers Inc. (NASDAQ: SNDL)

Number of Hedge Fund Holders: 7
Volume: 91 million  

Sundial Growers Inc. (NASDAQ: SNDL) is a Canada-based producer and marketer of cannabis products. It is placed fifth on our list of 15 best high volume stocks to buy now. The company’s shares have offered investors returns exceeding 40% over the course of the past year. The stock is one of the most mentioned on Reddit platform WallStreetBets and on July 3, the share price of the firm jumped 28% in a single day of trading after increased social media hype around the firm on the back of reports that the US government was considering legalizing marijuana.

On July 20, investment advisory ATB Capital upgraded Sundial Growers Inc. (NASDAQ: SNDL) stock to Sector Perform from Underperform and raised the price target to 80c from 50c, noting that management changes at the firm would drive growth. 

At the end of the first quarter of 2021, 7 hedge funds in the database of Insider Monkey held stakes worth $18 million in Sundial Growers Inc. (NASDAQ: SNDL), up from 2 the preceding quarter worth $2 million.


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