In this article, we discuss the 5 best strong buy stocks to invest in. If you want to read about some more strong buy stocks, go directly to 15 Best Strong Buy Stocks to Invest In.
5. CBRE Group, Inc. (NYSE:CBRE)
Number of Hedge Fund Holders: 42
CBRE Group, Inc. (NYSE;CBRE) operates as a commercial real estate services and investment company worldwide. It is one of the best strong buy stocks to invest in. On September 6, CBRE Group announced that it has started a $125 million plus Series E funding round in VTS, a company specialized in commercial real estate technology and solutions. CBRE Group provided $100 million of capital and will join the VTS board of directors.
On October 20, Raymond James maintained a Strong Buy rating on CBRE Group, Inc. (NYSE:CBRE) stock and lowered the price target to $105 from $113.
Among the hedge funds being tracked by Insider Monkey, Foster City, California-based investment firm Bailard Inc. is a leading shareholder in CBRE Group, Inc. (NYSE;CBRE) with 5,807 shares worth more than $329,000.
In its Q2 2022 investor letter, Third Avenue Management, an asset management firm, highlighted a few stocks and CBRE Group, Inc. (NYSE;CBRE) was one of them. Here is what the fund said:
“Always ones to favor a company’s prospects for long-term wealth creation over its near-term earnings outlook, Fund Management opted to add to the Fund’s position in the common stock of CBRE Group, Inc. (NYSE:CBRE) during the quarter. Held in the Fund since 2020, CBRE is the largest commercial real estate services firm globally with a market-leading position in leasing, property sales, facilities management, and valuation. CBRE is also a major player in investment management (with nearly $150 billion of assets under management) and loan servicing (approximately $340 billion of commercial and multi-family loans under administration). In combination, these segments essentially act as a tax on commercial real estate activity and accounted for more than $27 billion in revenues in the 2021 fiscal year.
Fund Management recognizes that the company’s transaction-oriented business lines (e.g., leasing and sales) are likely to retract from more recent levels. Notwithstanding, CBRE’s business model has evolved significantly in recent years with additions in facilities management, investment management, and servicing leading to substantial “recurring” revenue streams. Further, the company has amongst the most “variable” cost structures in the industry, and it is also incredibly well-capitalized with a “net-cash” position. As a result, CBRE seems likely to not only remain profitable when viewed on a group-wide basis but also set to take market share through “lift-outs” from competitors and “bolt-on” acquisitions in ancillary activities (read more)
Follow Cbre Group Inc. (NYSE:CBRE)
Follow Cbre Group Inc. (NYSE:CBRE)
4. The Estée Lauder Companies Inc. (NYSE:EL)
Number of Hedge Fund Holders: 46
The Estée Lauder Companies Inc. (NYSE:EL) manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It is one of the top strong buy stocks to invest in. On August 1, The Estee Lauder Companies announced that it was in talks to buy Tom Ford, a luxury fashion house, and the deal could be worth $3 billion. This would be the largest acquisition deal for Estee Lauder.
On October 20, Analyst Raymond James maintained a Strong Buy rating on Estée Lauder Companies (NYSE:EL) stock and lowered the price target from $320 to $280.
Among the hedge funds being tracked by Insider Monkey, Washington-based firm Bailard Inc. is a leading shareholder in The Estée Lauder Companies Inc. (NYSE:EL) with 14,458 shares worth more than $3.1 million.
In its Q3 2021 investor letter, Harding Loevner, an asset management firm, highlighted a few stocks and The Estée Lauder Companies Inc. (NYSE:EL) was one of them. Here is what the fund said:
“We sold cosmetic producer The Estée Lauder Companies Inc. (NYSE:EL), which we bought last March. At the time, the market reflected a dire outlook for retail demand, especially tourist-related; however, we found its Chinese business attractive and admired its agility across social media and other digital channels. As the stock has appreciated, the resulting valuation now leaves no room for error, such as a potential shift of Chinese consumers’ tastes away from US brands.”
Follow Estee Lauder Companies Inc (NYSE:EL)
Follow Estee Lauder Companies Inc (NYSE:EL)
3. Prologis, Inc. (NYSE:PLD)
Number of Hedge Fund Holders: 49
Prologis, Inc. (NYSE:PLD) is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. It is one of the premier strong buy stocks to invest in. On October 11, Prologis announced that it has won unanimous approval from Alexandria Real Estate Equities to build the research campus at 100 East Grand Avenue, San Francisco. The research center is 559,000 square feet.
On October 17, Raymond James maintained a Strong Buy rating on Prologis, Inc. (NYSE:PLD) stock with a price target of $130.
Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Bailard Inc. is a leading shareholder in Prologis, Inc. (NYSE:PLD) with 82,489 shares worth more than $8.4 million.
In its Q2 2022 investor letter, Carillon Tower Advisers, an asset management firm, highlighted a few stocks and Prologis, Inc. (NYSE:PLD) was one of them. Here is what the fund said:
“Prologis, Inc. (NYSE:PLD) underperformed due to supply and demand concerns following the announcement that a major online retailer is slowing the rollout of new warehouses. However, we continue to believe that there is an overwhelming demand for the company’s assets.”
Follow Prologis Inc. (NYSE:PLD)
Follow Prologis Inc. (NYSE:PLD)
2. Fidelity National Information Services, Inc. (NYSE:FIS)
Number of Hedge Fund Holders: 67
Fidelity National Information Services, Inc. (NYSE:FIS) provides technology solutions for merchants, banks, and capital markets firms worldwide. It is one of the elite strong buy stocks to invest in. On October 12, Fidelity National Information Services marked the opening of its $156 million new corporate headquarters. The CEO of the company said that they are 75% of the way to adding new jobs, promising to add a total of 500 jobs.
On October 18, Raymond James maintained a Buy rating on Fidelity National Information Services, Inc. (NYSE:FIS) stock and set a price target of $112.
Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Select Equity Group is a leading shareholder in Fidelity National Information Services, Inc. (NYSE:FIS) with 9.5 million shares worth more than $874 million.
In its Q2 2022 investor letter, Aristotle Capital Management, an asset management firm, highlighted a few stocks and Fidelity National Information Services, Inc. (NYSE:FIS) was one of them. Here is what the fund said:
“We sold our position in Fidelity National Information Services, Inc. (NYSE:FIS), thereby, reducing our exposure to the payments processing space within the Fund. While the first half of 2022 for Fidelity National Information Services should show improving trends in the merchant space due to better Small-to-Medium Business (SMB) and travel industry metrics, we are focusing our concerns on the impact of rising inflation on the second half of 2022 trends. The concern we see is that inflation will begin to impact the purchasing power of consumers and merchant processors, like Fidelity, and will see a slowdown in the growth rate of transaction volumes.”
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Follow Fidelity National Information Services Inc. (NYSE:FIS)
1. UnitedHealth Group Incorporated (NYSE:UNH)
Number of Hedge Fund Holders: 91
United Group Incorporated (NYSE:UNH) operates as a diversified healthcare company in the United States. It is one of the major strong buy stocks to invest in. On October 19, UnitedHealth Group noted that it has awarded $188,000 to three New Mexico-based organizations in community grants to address behavioral and maternal health in communities.
On September 22, Raymond James maintained a Strong Buy rating on UnitedHealth Group (NYSE:UNH) stock and raised the price target from $620 to $635.
At the end of the second quarter of 2022, 91 hedge funds in the database of Insider Monkey held stakes worth $10.9 billion in United Group Incorporated (NYSE:UNH), compared to 103 in the preceding quarter worth $12.8 billion.
In its Q2 2022 investor letter, Carillon Tower Advisers, an asset management firm, highlighted a few stocks and United Group Incorporated (NYSE:UNH) was one of them. Here is what the fund said:
“UnitedHealth Group Incorporated (NYSE:UNH) reported solid quarterly results and raised 2022 guidance modestly. Additionally, managed care is another industry that is viewed as defensive in the current environment, which helped support UnitedHealth and its peer group.”
Follow Hookipa Pharma Inc. (NASDAQ:HOOK)
Follow Hookipa Pharma Inc. (NASDAQ:HOOK)
You can also take a peek at 10 Best Bargain Stocks To Buy Right Now and 10 Best Infrastructure Stocks To Buy Now.
