5 Best Work-From-Home (WFH) Stocks to Buy Now

2. Slack Technologies, Inc. (NYSE: WORK)

Number of Hedge Fund Holders: 66   

Slack Technologies, Inc. (NYSE: WORK) is a San Francisco-based software firm founded in 2009. It is ranked second on our list of 10 best work-from-home (WFH) stocks to buy now. Slack stock has returned more than 31% to investors over the past year. The firm offers businesses software services that make it easier to manage communications between team members. In addition to the United States, the company operates in Ireland, Canada, England, Japan, India, and France, among several others. 

Slack Technologies, Inc. (NYSE: WORK) purchased calendar application, Woven, for an undisclosed fee last month. The company had previously invested in the calendar app through the Slack Fund. 

At the end of the fourth quarter of 2020, 66 hedge funds in the database of Insider Monkey held stakes worth $3.9 billion in the firm, up from 20 in the preceding quarter worth $164 million.