5 Best Wide Moat Stocks To Buy According To Hedge Funds

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In this piece, we will take a look at the five best wide moat stocks to buy according to hedge funds. If you want to learn more about economic moats, then head on over to 13 Best Wide Moat Stocks To Buy According To Hedge Funds.

5. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Investors: 99

Adobe Inc. (NASDAQ:ADBE) is an engineering, design, and productivity software provider that is a global name. Its products are used by most of the biggest companies in the world, providing it with a good economic moat and a sustainable competitive advantage.

During Q1 2023, 99 of the 943 hedge funds profiled by Insider Monkey had held a stake in Adobe Inc. (NASDAQ:ADBE). Ken Fisher’s Fisher Asset Management is the firm’s largest shareholder among these with an investment worth $1.8 billion.

Follow Adobe Inc. (NASDAQ:ADBE)

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