5 Tech Stocks to Buy According to Former VP Al Gore

4. Gartner, Inc. (NYSE:IT)

Number of Hedge Fund Holders: 33
Generation Investment Management’s Stake Value: $856,927,000

Gartner, Inc. (NYSE:IT) is an American technology research organization. The company reported solid Q3 earnings, posting revenue of $1.2 billion, up 20.6% from the prior-year quarter. In the past two years, Gartner, Inc. (NYSE:IT) has beaten revenue estimates 100% of the time.

Generation Investment Management holds 2.8 million shares in Gartner, Inc. (NYSE:IT) in Q3, worth roughly $857 million. The company constituted 3.56% of Al Gore’s portfolio. Appreciating the company’s strong organic growth and Q3 earnings beat, both Baird and BMO Capital raised their price targets on Gartner, Inc. (NYSE:IT) to $375 and $339, respectively.

As of Q3 2021, 33 hedge funds in Insider Monkey’s database held stakes in Gartner, Inc. (NYSE:IT), down from 39 in the previous quarter. These stakes hold a value of over $2 billion. Apart from Generation Investments, Alkeon Capital Management was also one of the company’s most prominent shareholders in Q3, owning over 1.2 million shares.

Saturna Capital mentioned Gartner, Inc. (NYSE:IT) in its recently-published Q3 2021 investor letter. Here is what the firm has to say:

“Gartner has had a tremendous year, appreciating just shy of 90% through the first three quarters. Gartner provides IT research and advisory services, and the resumption of business activity has been a boon to its business. While the Delta variant continues to affect in-person events, investors are looking ahead to a resumption of its conference business as well.”