5 Best Strong Buy Stocks to Invest In

In this article, we discuss the 5 best strong buy stocks to invest in. If you want to read our detailed analysis of these stocks, go directly to the 15 Best Strong Buy Stocks to Invest In.

5. The Williams Companies, Inc. (NYSE: WMB)

Number of Hedge Fund Holders: 34

The Williams Companies, Inc. (NYSE: WMB) stock has returned 35% to investors over the past year. It is placed fifth on our list of 15 best strong buy stocks to invest in. The firm markets energy infrastructure solutions and is based in Oklahoma. On July 6, the firm announced that it had finalized a joint venture with Crowheart Energy that involves consolidation of three legacy operating assets and more than 3,500 operating wells. The firm has a market cap of over $30 billion and posted more than $7.7 billion in revenue last year. 

On July 21, investment advisory Raymond James maintained a Strong Buy rating on The Williams Companies, Inc. (NYSE: WMB) stock and raised the price target to $30 from $28. The stock is presently trading at around $25.5.

At the end of the first quarter of 2021, 34 hedge funds in the database of Insider Monkey held stakes worth $475 million in The Williams Companies, Inc. (NYSE: WMB), down from 38 the preceding quarter worth $563 million.

In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and The Williams Companies, Inc. (NYSE: WMB) was one of them. Here is what the fund said:

“U.S. energy infrastructure company Williams Companies also performed well. Williams owns and operates natural gas pipelines and associated midstream assets in the U.S. Shares continued to rebound driven by the strong cyclical recovery, which has benefited energy stocks. Williams also delivered resilient fourth-quarter earnings despite energy demand pressure from COVID-19.”