5 Best Stocks Under $100 To Buy Now

2. Alibaba Group Holding Limited (NYSE:BABA)

Number of Q4 2023 Hedge Fund Shareholders: 116

Latest Share Price: $74.59

Alibaba Group Holding Limited (NYSE:BABA) is the Chinese technology giant headquartered in Hangzhou, China. The shares are rated Strong Buy on average, and the average analyst share price target is $110.

By the end of last year’s fourth quarter, 116 out of the 933 hedge funds covered by Insider Monkey’s research had held a stake in Alibaba Group Holding Limited (NYSE:BABA). David Tepper’s Appaloosa Management LP was the biggest stakeholder due to its $337 million stake.

Follow Micron Technology Inc (NASDAQ:MU)