5 Best Money Making Stocks to Buy Now

4. The Western Union Company (NYSE:WU)

ROE as of February 26, 2023: 218%

Number of Hedge Fund Holders in Q4 2022: 28

The Western Union Company (NYSE:WU) is a financial services firm that provides cross border payments for both individuals and small businesses. The firm is headquartered in Denver, Colorado.

The Western Union Company (NYSE:WU) expanded its portfolio of services in February 2023, when it partnered up with a Canadian mobile top up company to allow users to make international top ups. 28 of the 943 hedge funds polled by Insider Monkey for their December quarter of 2022 investments had bought a stake in the firm.

Clif Asness’ AQR Capital Management is The Western Union Company (NYSE:WU)’s largest investor. It owns 6.5 million shares that are worth $90 million.

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