5 Most Volatile Stocks To Buy Now

3. Square, Inc. (NYSE: SQ)

Number of Hedge Fund Holders: 92    

Square, Inc. (NYSE: SQ) is placed third on our list of 15 most volatile stocks to buy now. The company is headquartered in California and markets digital payments solutions. In earnings results for the second quarter, posted on August 1, the firm reported earnings per share of $0.66, beating market estimates by $0.35. The revenue over the period was $4.6 billion, up 143% compared to the revenue over the same period last year but missing market expectations by $370 million. 

On August 2, investment advisory Oddo BHF upgraded Square, Inc. (NYSE: SQ) stock to Outperform from Neutral with a price target of $340. Martin Marandon-Carlhian, an analyst at the firm, issued the ratings update. 

At the end of the first quarter of 2021, 92 hedge funds in the database of Insider Monkey held stakes worth $9.2 billion in Square, Inc. (NYSE: SQ) , up from 89 the preceding quarter worth $8.8 billion.