5 Best Summer Stocks to Buy Now

3. Expedia Group, Inc. (NASDAQ: EXPE)

Number of Hedge Fund Holders: 76

Online travel firm Expedia Group, Inc. (NASDAQ: EXPE) is placed 3rd in our list of 10 best summer stocks to buy now. The Seattle-based travel retail company offers vacation rentals and travel bundles through Expedia.com, Hotels.com, and Vrbo.com, and Trivago.com. Expedia Group, Inc. also provides car rental services through CarRentals.com. 

The company has a market cap of $24.5 billion and total revenues of $1.25 billion in the first quarter of 2021. On May 7, BTIG Research analysts maintained their Buy rating on Expedia Group, Inc., with a $210 price target. Shares of EXPE surged 150% over the past twelve months. 

There were 76 hedge funds that reported owning stakes in Expedia Group, Inc. (NASDAQ: EXPE) at the end of the fourth quarter, up from 64 funds a quarter earlier. The total value of these stakes at the end of Q4 is $6.6 billion.