5 Best Hot Stocks to Buy For March

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In this piece, we will take a look at the five best hot stocks to buy for March. If you want a look at what’s hot and what might be hot on the stock market this year, then check out 12 Best Hot Stocks to Buy For March

5. General Electric Company (NYSE:GE)

Number of Q4 2023 Hedge Fund Shareholders: 92

One Month Share Price Appreciation: 18.05%

General Electric Company (NYSE:GE) is an American industrial and high tech engineering behemoth headquartered in Boston, Massachusetts. The firm has beaten analyst EPS estimates in all four of its latest quarters, the shares are rated Buy on average, and the average analyst share price target is $150 for a small downside.

During Q4 2023, 92 out of the 933 hedge funds tracked by Insider Monkey had held a stake in General Electric Company (NYSE:GE). Chris Hohn’s TCI Fund Management owned the biggest stake which was worth $5.3 billion.

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