5 Best Stocks To Invest In Right Now According to Hedge Funds

4. Visa, Inc. (NYSE:V)

Number of Hedge Fund Holders: 162

Visa, Inc. (NYSE:V) is a multinational financial services company that enables and manages electronic funds transfers across the globe. The company, which ranks fourth in our list of the 15 best stocks to invest in right now, is also getting positive attention from market analysts. On September 3, Morgan Stanley analyst James Faucette maintained an Overweight rating on Visa, Inc. (NYSE:V) alongside a $282 price target on the shares of the company.

Of the 873 elite funds tracked by Insider Monkey, 162 were long in Visa, Inc. (NYSE:V) at the end of June. This is compared to 164 in the first quarter of 2021. Ken Fisher of Fisher Asset Management is among the leading stakeholders of the company.

The Wall Street outlook for Visa, Inc. (NYSE:V) has greatly improved over the past six months, with the consensus 12-month price target rising 23% above the current price.

In its Q1 2021 investor letter, ClearBridge Investments mentioned Visa Inc. (NYSE:V). Here is what the fund said:

“To make room for these new names with more attractive outlooks related to the reopening, we sold out of companies where the thesis is not playing out at the pace we expected including Visa.”