5 Best Stocks to Buy in Falling Markets According to Analysts

4. Gogo Inc. (NASDAQ:GOGO)

Number of Q4 2023 Hedge Fund Shareholders: 20

Share Price Target Upside: 73.05%

Latest Average Share Price Target: $14

Gogo Inc. (NASDAQ:GOGO) is a Colorado based specialty broadband company that caters to the needs of the aviation industry. The firm has performed moderately well on the financial front as of late, since it has beaten analyst EPS estimates in all four of its latest quarters.

During December 2023, 20 out of the 933 hedge funds covered by Insider Monkey’s research had invested in the firm. Gogo Inc. (NASDAQ:GOGO)’s largest hedge fund shareholder is Chet Kapoor’s Tenzing Global Investors as it owns $30.3 million worth of shares.

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