5 Best Motley Fool Stocks To Buy Now

In this article, we will look at the 5 best Motley Fool stocks to buy now. If you want to explore similar stocks, you can go to 11 Best Motley Fool Stocks To Buy Now.

5. Watsco, Inc. (NYSE:WSO)

Motley Fool Asset Management’s Stake Value: $39,025,000 

Percentage of Motley Fool Asset Management’s 13F Portfolio: 3.67%

Number of Hedge Fund Holders: 25

Watsco, Inc. (NYSE:WSO) is one of the world’s largest distributors of HVAC systems and products. On October 4, Watsco, Inc. (NYSE:WSO) declared a quarterly cash dividend of $2.20 per share. The dividend is payable on October 31 to investors of record on October 17. As of October 7, the stock is offering a forward dividend yield of 3.40% and the company has free cash flows of over $307 million. As of June 30, Motley Fool Asset Management owns over 150,000 shares of Watsco, Inc. (NYSE:WSO) and has a stake of $39 million in the company.

On October 17, Deutsche Bank analyst Joe Ahlersmeyer started coverage of Watsco, Inc. (NYSE:WSO) with a Hold rating and a $311 price target. On September 6, KeyBanc analyst Jeffrey Hammond raised his price target on Watsco, Inc. (NYSE:WSO) to $310 from $300 and maintained a buy-side Overweight rating on the shares.

At the end of Q2 2022, 25 hedge funds were bullish on Watsco, Inc. (NYSE:WSO) and held stakes worth $257.4 million in the company. Motley Fool Asset Management is one of the largest shareholders in the company.