5 Best NFT Stocks to Buy Now

4. Funko, Inc. (NASDAQ: FNKO)

Number of Hedge Fund Holders: 14 

Funko, Inc. (NASDAQ: FNKO) is a Washington-based firm that makes and sells pop culture consumer products. It is placed fourth on our list of 10 best NFT stocks to buy now. The firm was founded in 2017 and has a market cap of $741 million. The company has been praised by Bank of America for pressing forward into the NFTs and other revenue sources like toys, expanding beyond pop products. On August 5, the firm beat market expectations on earnings per share and revenue for the second quarter. 

On May 13, investment advisory Bank of America raised the price target on Funko, Inc. (NASDAQ: FNKO) stock to $30 from $12 and upgraded the rating to Buy from Underperform, highlighting that the core business of the firm was going strong. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Woodson Capital Management is a leading shareholder in Funko, Inc. (NASDAQ: FNKO) with 3 million shares worth more than $59 million.