Top 10 High Conviction Stocks to Buy According to Hedge Funds 

8. T-Mobile US, Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 85

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the top high-conviction stocks to buy according to hedge funds. Reuters reported on June 4 that, according to a statement from an Indian state ​government, T-Mobile US, Inc. (NASDAQ:TMUS) has plans to employ nearly 1,000 people by 2027 following the recent opening of its global capability center (GCC) in ​India. Reuters also provided additional details, stating that the tech center was inaugurated in Hyderabad, where the company leased 250,000 square ​feet of space, according to the state’s IT ministry. Its employees at the GCC will build advanced capabilities across software engineering, product development, DevOps, cybersecurity, and data analytics, ​among others.

In a separate development, T-Mobile US, Inc. (NASDAQ:TMUS) announced on May 28 a multi-year partnership with the United States Golf Association (USGA), making the company the Official 5G Network Partner of the U.S. Women’s Open, U.S. Open, and additional USGA championships. Management stated that through the partnership, T-Mobile US, Inc. (NASDAQ:TMUS) is delivering the USGA’s first-ever mobile Rules Review, critical event connectivity, and exclusive member experiences.

T-Mobile US, Inc. (NASDAQ:TMUS) provides wireless communications services under the T-Mobile and MetroPCS brands. The company offers prepaid and postpaid wireless messaging, voice, and data services, along with wholesale wireless services.

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