5 Best Tech Stocks To Invest In Right Now.

4. The Walt Disney Company (NYSE:DIS)

The entertainment giant Walt Disney (NYSE: DIS) was hit harder by the pandemic this year. However, Philippe Laffont saw the dip in share price as a buying opportunity.

The hedge fund has raised its stake in Disney by 2% to 9.4 million in the September quarter. It is the fourth largest stock holding of Coatue Management portfolio, accounting for 5.95% of the overall portfolio. We suspect that Laffont sees Disney as an online subscription giant with huge upside potential (and a Netflix competitor). Since he has large positions in both Disney and Netflix, he probably believes the market is large enough for both companies to succeed.

Insider Monkey report shows that Disney has seen a big inflow of smart money in the latest quarter and it is ranked 14th among the 30 most popular stocks among hedge funds.