5 Hot Growth Stocks To Buy Right Now

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In this article, we discuss the 5 hot growth stocks to buy now. If you want to read about some more growth stocks that are active in the market, go directly to the 11 Hot Growth Stocks To Buy Right Now.

5. Advanced Micro Devices, Inc. (NASDAQ:AMD)

P/E Ratio: 344.91

Avg Volume: 77.82 million

Quarterly Revenue Growth: 10.16%

Number of Hedge Fund Holders: 120

Headquartered in Santa Clara, California, Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company specializing in the development of computer processors and associated technologies for both business and consumer markets.

On March 11, Cantor Fitzgerald analysts reiterated an Overweight rating and set a $190 price target for Advanced Micro Devices, Inc. (NASDAQ:AMD).

As of the end of the fourth quarter of 2023, out of the 933 hedge funds surveyed by Insider Monkey, 120 had invested in the company. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s largest hedge fund shareholder is Ken Fisher’s Fisher Asset Management, which owns 28 million shares valued at $4.1 billion.

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