5 Under-the-Radar Stocks Billionaires Are Loading Up On

4. Hologic, Inc. (NASDAQ:HOLX)

Number of Billionaire Investors: 13
Number of Hedge Fund Holders: 40

Hologic, Inc. (NASDAQ:HOLX) is an American health technology company that primarily focuses on women’s health. In its fiscal Q2 2023, the company generated $1.03 billion in revenues, which beat analysts’ estimates by $72.4 million. Its operating cash flow for the quarter came in at over $206.3 million. It is among the under-the-radar stocks billionaires are loading up on.

JPMorgan raised its price target on Hologic, Inc. (NASDAQ:HOLX) to $105 and maintained an Overweight rating on the shares, highlighting the company’s strong quarter.

As of the close of Q1 2023, 40 hedge funds in Insider Monkey’s database owned stakes in Hologic, Inc. (NASDAQ:HOLX), up from 39 in the preceding quarter. Billionaires Cliff Asness, Ken Griffin, and Ray Dalio were some of the company’s leading stakeholders in Q1.