12 Most Buzzing Stocks To Buy Now

Published March 17, 2023 at 7:35 am EDT Updated August 31, 2026 at 8:42 pm EDT

In this article, we will discuss the 12 most buzzing stocks to buy now.

Inflation is finally showing signs of cooling off. The CPI report for February was in-line with expectations, with the all-items index rising 6% year over year. We also received a positive surprise after the Bureau of Labor Statistics released a better than expected PPI report that shows the producer price index falling 0.1% in February from where it was in January. We also received a negative revision of 0.4% for the PPI data reported in January, now showing that the PPI for the month increased by 0.3% and not 0.7%.

“If They Suddenly Go Zero, It Could Worry The Market”

The economic data at hand and the implosion of SVB have been received by the markets to price in a 25 basis point rate hike at the next FOMC meeting. On March 16 Jeremy Siegel, professor of finance at Wharton, appeared in an interview on CNBC to discuss his view of what the Fed will do, and also what he thinks the Fed should do at the March meeting. Professor Siegel noted that he has been critical of Fed policy since the last 3 quarters and thinks that the situation at Credit Suisse Group AG (NYSE:CS) and the implosion of SVB might give the Fed a reality check and redirect their focus from fighting inflation to preventing an economic downturn.

Professor Siegel thinks that the Fed should not raise rates at the March meeting and he also noted that they should not have raised rates in January either. Professor Siegel noted that the Fed should have redirected their focus earlier on preventing a slowdown, instead of combating inflation. According to professor Siegel the Fed should not raise rates. However, he expects a quarter point rate hike at the March meeting, but with a relatively dovish tone. Professor Siegel expects a 25 bps rate hike because if the Fed abruptly stops its hiking cycle “it could worry the market” and so “a more measured way of doing it is 25 (bps) with a pause”.

The stock market is increasingly volatile right now, as the ramifications of SVB have spelled trouble for the global banking industry and inflation remains hot. In times like these, it can become difficult for investors to find opportunities in the market. One thing investors can do is look at stocks that are buzzing and experiencing high trading volumes, since these stocks are attracting investor interest. Some of the most popular stocks among elite money managers that are creating a lot of buzz on Wall Street right now include Advanced Micro Devices, Inc. (NASDAQ:AMD), Bank of America Corporation (NYSE:BAC), and Tesla, Inc. (NASDAQ:TSLA). Let’s look at these stocks, among others, in detail below.

Photo by Ruben Sukatendel on Unsplash

Our Methodology

To determine the most buzzing stocks to buy now, we sifted through Yahoo Finance’s list of stocks that are experiencing high trading volumes. We looked at the analyst and investor sentiment for each stock and narrowed down our selection to stocks that are the most widely held by elite hedge funds, have positive analyst sentiment, and have the highest intraday trading volume on average, as of March 15. We have ranked these stocks in ascending order of their intraday trading volume.

12 Most Buzzing Stocks To Buy Now

12. NVIDIA Corporation (NASDAQ:NVDA)

Volume as of March 15: 52.44 million

Average Volume (3-Month): 48.22 million

Number of Hedge Fund Holders: 106

GPU maker NVIDIA Corporation (NASDAQ:NVDA) is creating a lot of buzz on Wall Street today. As of March 15, the stock has an intraday trading volume of 52.44 million and a 3-month average trading volume of 48.22 million.

On March 1, Raymond James started coverage of NVIDIA Corporation with a Strong Buy rating and a $290 price target. The stock is one of the most buzzing stocks to buy now according to analysts and hedge funds.

NVIDIA Corporation was held by 106 hedge funds at the end of Q4 2022. These funds disclosed stakes worth $6.08 billion in the company, up from $4.29 billion in the previous quarter with 89 positions. The hedge fund sentiment for the stock is positive. As of December 31, Matrix Capital Management is the most prominent shareholder in the company and has a stake worth $741.3 million.

Here is what ClearBridge Investments had to say about NVIDIA Corporation in its Q4 2022 investor letter:

“Promoting diversification and managing risk continue to guide our transaction activity, with a focus on the earnings trajectory of existing and potential holdings leading to our most recent moves. We are directing our research efforts to identifying names that are closer to the bottom than the top in terms of earnings and valuations, adding to our positions in ASML, the leading supplier of high-end production equipment to chip makers, and NVIDIA Corporation (NASDAQ:NVDA), whose valuation has washed out due to weakness in gaming and crypto mining as well as slowing enterprise spending.”

11. Transocean Ltd (NYSE:RIG)

Volume as of March 15: 53.90 million

Average Volume (3-Month): 23.76 million

Number of Hedge Fund Holders: 41

This February, Susquehanna analyst Charles Minervino raised his price target on Transocean Ltd (NYSE:RIG) to $6 from $5.50 and maintained a Neutral rating on the shares. As of March 15, the stock has a 3-month average trading volume of 23.76 million and its intraday volume on March 15 exceeded 53.90 million. The stock is one of the most buzzing stocks on Wall Street right now.

At the end of Q4 2022, 41 hedge funds were long Transocean Ltd and disclosed positions worth $696.4 million in the company. This is compared to 36 hedge funds in the previous quarter with stakes worth $302.1 million. The hedge fund sentiment for the stock is positive.

As of December 31, D E Shaw is the largest investor in Transocean Ltd and holds a position worth $159.15 million in the company.

10. KeyCorp (NYSE:KEY)

Volume as of March 15: 58.23 million

Average Volume (3-Month): 15.50 million

Number of Hedge Fund Holders: 33

KeyCorp (NYSE:KEY) was held by 33 hedge funds at the end of Q4 2022. These funds disclosed collective stakes worth $582 million in the company. this is compared to 33 positions in the previous quarter with stakes worth $454.3 million. As of December 31, Adage Capital Management is the most prominent shareholder in the company and has a stake worth $128.45 million.

KeyCorp has a 3-month average trading volume of 15.50 million, as of March 15. The stock is creating a lot of buzz on Wall Street and on March 15, the stock experienced an intraday trading volume of 58.23 million. KeyCorp is placed tenth among the most buzzing stocks to buy now.

This March, Baird analyst David George upgraded KeyCorp to Outperform from Neutral and reiterated his price target of $20 on the shares.

9. Itaú Unibanco Holding S.A. (NYSE:ITUB)

Volume as of March 15: 65.81 million

Average Volume (3-Month): 31.57 million

Number of Hedge Fund Holders: 18

Itaú Unibanco Holding S.A. (NYSE:ITUB) is experiencing high levels of activity. On March 15, the stock experienced an intraday trading volume of 65.81 million. On February 9, Grupo Santander analyst Henrique Navarro upgraded Itaú Unibanco Holding S.A. to Outperform from Neutral and reiterated his price target of $5.70 on the stock.

At the close of the fourth quarter of 2022, 18 hedge funds held stakes in Itaú Unibanco Holding S.A.. These funds disclosed collective positions worth $500.9 million in the company, up from $496.7 million in the previous quarter with 16 positions. The hedge fund sentiment for the stock is positive.

As of December 31, Orbis Investment Management is the leading investor Itaú Unibanco Holding S.A. and has a stake worth $77.6 million in the company.

Here is what Ariel Investments had to say about Itaú Unibanco Holding S.A. in its Q4 2022 investor letter:

“We initiated two new positions in the quarter. Macro-uncertainty also presented us an opportunity to buy shares of Brazilian financial services company, Itaú Unibanco Holding S.A. (NYSE:ITUB). The company is led by a dynamic CEO, who is utilizing technology in the private banking sector as part of a broader move towards digitization. This strategy is not only reducing distribution costs, but is enabling the creation of new products in high market share areas such as private banking, credit cards, as well as small- and medium-size business lending. An attractive valuation, strong net interest margins and high return on equity are among the attributes motivating our purchase of shares.”

8. Amazon.com, Inc. (NASDAQ:AMZN)

Volume as of March 15: 70.73 million

Average Volume (3-Month): 69.76 million

Number of Hedge Fund Holders: 240

Amazon.com, Inc. (NASDAQ:AMZN) was a part of 240 investors’ portfolios at the end of Q4 2022 that held collective stakes worth $27.5 billion in the company. Of those, Harris Associates was the top shareholder in the company and disclosed a position worth $1.62 billion in the company.

On February 14, Loop Capital analyst Rob Sanderson maintained a Buy rating and his $140 price target on Amazon.com, Inc.. As of March 15, the stock has gained over 15% year to date and has an intraday trading volume of 70.73 million.

Here is what Artisan Partners had to say about Amazon.com, Inc. in its Q4 2022 investor letter:

“Amazon.com, Inc. (NASDAQ:AMZN) is the world’s largest retailer. The company has gone through a period of massive investment as it doubled its fulfillment network and hired over 800,000 people to meet growing demand over the past few years. Capital expenditure (capex) in the 2017 to 2019 period was $10 billion – $17 billion per year before ramping up to $40 billion in 2020, $61 billion in 2021 and is expected to end 2022 at another $61 billion. We believe the company is in the later innings of this capex cycle and will be transitioning toward a period of harvesting those investments through higher margins and free cash flow generation. At a valuation that appears to be discounting a deteriorating environment for consumer spending, we decided to start a GardenSM position.”

Stocks that are buzzing on Wall Street today include Amazon.com, Inc., Advanced Micro Devices, Inc., Bank of America Corporation, and Tesla, Inc..

7. Huntington Bancshares Incorporated (NASDAQ:HBAN)

Volume as of March 15: 71.16 million

Average Volume (3-Month): 16.44 million

Number of Hedge Fund Holders: 32

Huntington Bancshares Incorporated (NASDAQ:HBAN) is experiencing high levels of activity. The stock experienced an intraday trading volume of 71.16 million on March 15, well-above its 3-month average trading volume of 16.44 million. Huntington Bancshares Incorporated is placed seventh on our list of the most buzzing stocks to buy now according to analysts and hedge funds.

This March, RBC Capital revised its price target on Huntington Bancshares Incorporated to $16 from $18 and maintained an Outperform rating on the shares.

At the close of Q4 2022, Huntington Bancshares Incorporated was held by 32 hedge funds that disclosed positions worth $224.6 million in the company. This is compared to 23 positions in the preceding quarter with stakes worth $168.3 million. As of December 31, Ken Griffin’s Citadel Investment Group is the largest stockholder in the company and holds a position worth $107.8 million.

Here is what Aristotle Capital Boston, LLC had to say about Huntington Bancshares Incorporated in its Q3 2022 investor letter:

“Huntington Bancshares Incorporated (NASDAQ:HBAN), an Ohio-based bank holding company, was removed from the portfolio based on our belief that shares were fully valued and there were better opportunities to deploy capital elsewhere within the portfolio.”

6. Apple Inc. (NASDAQ:AAPL)

Volume as of March 15: 77.16 million

Average Volume (3-Month): 70.67 million

Number of Hedge Fund Holders: 135

Wall Street is bullish on Apple Inc. (NASDAQ:AAPL) and the stock has been creating a lot of buzz in recent days. On March 14, Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and his $190 price target on Apple Inc.. As of March 15, Apple Inc. has gained over 24% year to date and has an intraday trading volume of 77.16 million.

At the end of the fourth quarter of 2022, 135 hedge funds were long Apple Inc. and disclosed stakes worth $136.3 billion in the company. Of those, Warren Buffett’s Berkshire Hathaway is the leading investor in the company and holds a position worth $116.30 billion.

Here is what Distillate Capital had to say about Apple Inc. in its third-quarter 2022 investor letter:

“The largest new purchase was Apple Inc., which after underperforming saw its valuation improve significantly. Over the course of the last year, Apple’s consensus estimated forward free cash flows rose modestly, while its enterprise value fell by around 30%. Apple ranks below the 25th most attractive name in the portfolio and so its weight is capped at 4% vs. 6% for names in the top quartile.”

In addition to Apple Inc., other stocks that are experiencing high levels of activity and are on the radars of investors and analysts include Advanced Micro Devices, Inc., Bank of America Corporation, and Tesla, Inc..

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

Volume as of March 15: 86.17 million

Average Volume (3-Month): 57.04 million

Number of Hedge Fund Holders: 97

Advanced Micro Devices, Inc. was spotted on 97 hedge funds’ portfolios at the end of Q4 2022. These funds held collective positions worth $5.70 million in the company, up from $4.99 million in the previous quarter with 89 positions. The hedge fund sentiment for the stock is positive.

This March, Raymond James analyst Srini Pajjuri initiated coverage of Advanced Micro Devices, Inc. with a Strong Buy rating and a $100 price target. The stock is creating a lot of buzz on Wall Street and has an intraday trading volume of 86.17 million, as of March 15.

As of December 31, Citadel Investment Group is the top shareholder in Advanced Micro Devices, Inc. and holds a position worth $424.7 million in the company.

Here is what L1 Capital International had to say about Advanced Micro Devices, Inc. in its third-quarter 2022 investor letter:

“The share price of Advanced Micro Devices, Inc. (NASDAQ:AMD) was weak during the quarter and weakened further in early October when the pre-announced revenue was significantly below prior guidance, reflecting an acute slowdown in the PC market. Data centre related revenue grew strongly, albeit below our expectations, while gaming and embedded revenue was in line with our base case.

Geopolitical risks have increased for the semiconductor sector, with the U.S. Government announcing restrictions on the sale of certain technologies to China. Despite near term headwinds, AMD is well positioned for the medium term, with a technology lead over Intel in servers for data centres and rapidly gaining share in the PC/notebook sectors. Its gaming and embedded applications continue to grow strongly. AMD is a very capital light business, with manufacturing outsourced. After expending nearly $5b on research and development, AMD generates around $5b of free cashflow. With a net cash balance sheet, we expect management will accelerate buyback activity at a share price well below fair value.

The share price of our more cyclical businesses, in particularly the building products companies which have exposure to the U.S. residential, repair and renovation and infrastructure sectors, were broadly flat for the quarter. Rapidly escalating mortgage rates and rapidly reducing affordability will have a pronounced negative effect on near term new residential construction activity. We believe these cyclical pressures are well understood and are more than reflected in current share prices. Overall, we strongly believe share prices are overly reflecting near-term challenges and our portfolio of companies are now meaningfully undervalued.”

4. The Charles Schwab Corporation (NYSE:SCHW)

Volume as of March 15: 86.53 million

Average Volume (3-Month): 15.23 million

Number of Hedge Fund Holders: 74

On March 15, The Charles Schwab Corporation (NYSE:SCHW) disclosed in a regulatory filing that the company’s director Stephen Ellis bought $2 million worth of shares of the company’s common stock. The stock is buzzing and, as of March 15, has an intraday trading volume of 86.53 million.

This March, Piper Sandler updated its price target on The Charles Schwab Corporation to $95 from $100 and maintained an Overweight rating on the shares. The stock is placed fourth on our list of the most buzzing stocks to buy now according to analysts and hedge funds.

At the close of Q4 2022, 74 hedge funds were eager on The Charles Schwab Corporation and held positions worth $8.18 billion in the company. This is compared to 75 hedge funds in the previous quarter with stakes worth $7.36 billion. As of December 31, GQG Partners is the top stockholder in the company and has a position worth $1.44 billion.

Here is what Ron Baron’s Baron Funds had to say about The Charles Schwab Corporation in its Q4 2022 investor letter:

“Shares of online brokerage firm The Charles Schwab Corporation (NYSE:SCHW) rose in the quarter on rising interest rates, which should generate increased profits on Schwab’s more than $600 billion of interest-earning assets. Despite turbulent markets, the company attracted over $400 billion of net new client assets over the past 12 months. In addition to strong organic growth, we believe operating expenses per client assets will drop to record lows once the equity markets improve.”

3. Ford Motor Company (NYSE:F)

Volume as of March 15: 107.02 million

Average Volume (3-Month): 65.23 million

Number of Hedge Fund Holders: 40

On February 3, Benchmark analyst Michael Ward revised his price target on Ford Motor Company (NYSE:F) to $19 from $21 and maintained a Buy rating on the shares. The stock is one of the most buzzing stocks to buy now according to analysts and hedge funds. As of March 15, Ford Motor Company has an intraday trading volume of 107.02 million, well-above its 3-month average volume of 65.23 million.

At the end of Q4 2022, Ford Motor Company was spotted on 40 investors’ portfolios that disclosed collective stakes worth $1.38 billion in the company. This is compared to 47 positions in the preceding hurter with stakes worth $1.18 billion. As of December 31, Citadel Investment Group is the leading investor in the company and has a position worth $203.7 million.

2. Bank of America Corporation (NYSE:BAC)

Volume as of March 15: 130.95 million

Average Volume (3-Month): 45.96 million

Number of Hedge Fund Holders: 100

Bank of America Corporation is experiencing high levels of activity and creating a lot of buzz. On March 15, the stock experienced an intraday trading volume of 130.95 million. As of March 15, Bank of America Corporation has a 3-month average trading volume of 45.96 million.

On March 8, Odeon Capital revised its rating on Bank of America Corporation to Hold from Buy and reiterated a $35.20 price target on the shares.

At the close of the fourth quarter of 2022, 100 hedge funds were long Bank of America Corporation and disclosed collective stakes worth $37.5 billion in the company. This is compared to 97 hedge funds in the previous quarter with stakes worth $35.6 billion. The hedge fund sentiment for the stock is positive and the stock is placed second on our list of the most buzzing stocks to buy now according to hedge funds.

As of December 31, Berkshire Hathaway is the largest investor in Bank of America Corporation and holds a stake worth $33.45 billion.

Here is what Ariel Investments had to say about Bank of America Corporation in its Q3 2022 investor letter:

“We initiated three new positions in the quarter. We added leading financial institution Bank of America Corporation (NYSE:BAC) which serves individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services. The current company was formed through various mergers including NationsBank, FleetBoston, US Trust, Countrywide Financial, and Merrill Lynch with the legacy commercial bank to form a national banking powerhouse and bulge bracket investment firm. As one of the ‘Big Four’ U.S. banks it enjoys scale driven cost advantages and economies of scale which provide meaningful competitive advantages and potential for strong returns in the largely commoditized banking industry. A survivor of the financial crisis, BAC has emerged with a solid capital base and stands to benefit from a rising interest rate environment.”

1. Tesla, Inc. (NASDAQ:TSLA)

Volume as of March 15: 145.99 million

Average Volume (3-Month): 184.60 million

Number of Hedge Fund Holders: 91

Tesla, Inc. was held by 91 hedge funds at the end of the fourth quarter of 2022. These funds disclosed positions worth $5.93 billion in the company. As of December 31, Citadel Investment Group is the top shareholder in the company and has a stake worth $926.2 million.

Tesla, Inc. is the most buzzing stock on Wall Street right now. On March 15, the stock experienced an intraday trading volume of 145.99 million. Tesla, Inc. has a 3-month average trading volume of 184.60 million, as of March 15.

This March, Morgan Stanley maintained an Overweight rating and its $220 price target on Tesla, Inc..

Here is what ClearBridge Investments had to say about Tesla, Inc. in its Q4 2022 investor letter:

“Tesla, Inc. (NASDAQ:TSLA), meanwhile, also fits squarely within our earnings reset group. We took advantage of its enterprise multiple falling back to historic lows to initiate a starter position in the leading manufacturer of electric vehicles (EV) and developer of battery technologies. Tesla has a significant structural cost advantage in battery production, EV manufacturing and EV selling, which gives it industry-leading operating margins in EVs. As the auto cycle has softened, the stock has sold off substantially with the rest of the automakers, despite EVs continuing to have a secular growth advantage. Tesla has a clean balance sheet with negative net debt and enormous revenue growth, EBITDA growth and free cash flow generation. Its margin buffer also gives the company the ability to cut prices while still protecting earnings better than competitors, which should help support continued volume growth. There is also significant upside optionality driven by its software offerings, which we do not believe is currently priced into the stock.

That being said, Tesla is highly indexed to a flagging auto market and we expect its earnings outlook to worsen in the near term. We are also monitoring increasing EV competition and the recently emerging risks to the brand and management integrity raised by CEO Elon Musk’s actions at Twitter to determine future position size in the portfolio.”

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