5 Best Stocks to Buy for High Returns

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In this piece, we will take a look at the five best stocks to buy for high returns. To learn more about investment strategies and the recent stock market trends, head on over to 11 Best Stocks to Buy for High Returns.

5. Adobe Inc. (NASDAQ:ADBE)

Latest Forward P/E Ratio: 34.48

Number of Q3 2023 Hedge Fund Investors: 112

Adobe Inc. (NASDAQ:ADBE) is a technology company that provides software products for personal and professional use. Not only has the firm beaten analyst EPS estimates in all four of its latest quarters, but the stock is also rated Strong Buy on average with an average share price target of $616.54.

By Q3 2023 end, 112 out of the 910 hedge funds profiled by Insider Monkey had invested in Adobe Inc. (NASDAQ:ADBE). Ken Fisher’s Fisher Asset Management owned the biggest stake among these which was worth $2.3 billion.

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