5 Best Hot Stocks to Buy For March

3. Uber Technologies, Inc. (NYSE:UBER)

Number of Q4 2023 Hedge Fund Shareholders: 129

One Month Share Price Appreciation: 16.99%

Uber Technologies, Inc. (NYSE:UBER) is a technology company known for its rides haring platform. The firm has been busy expanding its global footprint in 2024, with February seeing it announce a $100 million investment in a Nigerian vehicle financing company.

As of December 2023 end, 129 out of the 933 hedge funds polled by Insider Monkey had bought and owned Uber Technologies, Inc. (NYSE:UBER)’s shares. D. E. Shaw’s D E Shaw was the biggest investor as it held an $886 million stake.

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