5 Best NFT Stocks to Buy Now

Page 1 of 5

In this article, we discuss 5 best NFT stocks to buy now. If you want to read our detailed analysis of non-fungible tokens and the outlook of the industry, go directly to read 10 Best NFT Stocks to Buy Now

5. eBay Inc. (NASDAQ:EBAY)

Number of Hedge Fund Holders: 44

eBay Inc. (NASDAQ:EBAY) ranks fifth on our list of the best NFT stocks to buy now. The American e-commerce company launched its first collection of NFTs in collaboration with web3 company Oneof in May 2022. A year before this, the company also introduced the option to buy and sell NFTs. eBay Inc. (NASDAQ:EBAY) owns KnownOrigin, which is one of the most innovative marketplaces for NFTs.

In the first quarter of 2023, eBay Inc. (NASDAQ:EBAY) generated revenue of $2.51 billion, which saw a 1.2% growth from the same period last year. During the quarter, the company returned $134 million to shareholders in dividends. It currently pays a quarterly dividend of $0.25 per share and has a dividend yield of 2.20%, as of June 16.

At the end of Q1 2023, 44 hedge funds tracked by Insider Monkey owned stakes in eBay Inc. (NASDAQ:EBAY), compared with 47 in the previous quarter. Their collective stake value is over $1.11 billion. With over 5.2 million shares, Rima Senvest Management was the company’s leading stakeholder in Q1.

Follow Ebay Inc (NASDAQ:EBAY)

Page 1 of 5