5 Reddit Stocks Hedge Funds Like

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1. Paysafe Limited (NYSE: PSFE)

Number of Hedge Fund Holders: 50  

Paysafe Limited (NYSE: PSFE) is ranked first on our list of 10 Reddit stocks hedge funds like. The firm is headquartered in Bermuda and provides ecommerce solutions to businesses.

On August 12, investment advisory Bank of America initiated coverage of Paysafe Limited (NYSE: PSFE) stock with a Buy rating and a price target of $15, noting the firm was uniquely positioned to benefit from the rapidly growing iGaming market. 

At the end of the second quarter of 2021, 50 hedge funds in the database of Insider Monkey held stakes worth $1.1 billion in Paysafe Limited (NYSE: PSFE), up from 41 in the previous quarter worth $1.3 billion.

You can also take a peek at 10 Best Healthcare Dividend Stocks to Buy Now and 10 Dividend Stocks with Over 20 Years of Dividend Increases.

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