5 Best International Stocks to Buy Now

4. Ferguson plc (NYSE:FERG)

Number of Hedge Fund Holders: 32

Next on our list of the best international stocks is Ferguson plc (NYSE:FERG), a British distributor of plumbing and heating products in the United States and Canada, catering to residential, commercial, infrastructure, and industrial end markets. The company announced that it purchased a total of 77,470 of its ordinary shares between October 5 and October 7, in continuation of its $2.5 billion share repurchase program.

On September 3, JPMorgan analyst Elodie Rall maintained an Overweight rating on Ferguson plc (NYSE:FERG) but lowered the price target on the shares to 12,500 GBp from 13,200 GBp.

Among the hedge funds tracked by Insider Monkey, 32 funds were long Ferguson plc (NYSE:FERG) at the end of Q2 2022, up from 18 funds in the preceding quarter. Brian Ashford-Russell and Tim Woolley’s Polar Capital held the leading stake in the company, worth over $4 billion.