Top 5 Tech Stocks to Buy Today According to Brad Gerstner’s Altimeter Capital Management

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In this article, we discuss the 5 top tech stocks to buy today according to Brad Gerstner’s Altimeter Capital Management. If you want to read our detailed analysis of Gerstner’s history and hedge fund performance, go directly to the Top Tech Stocks to Buy Today According to Brad Gerstner’s Altimeter Capital Management

5. Confluent, Inc. (NASDAQ:CFLT)

Gerstner’s Stake Value: $480.72 million

Percentage of Brad Gerstner’s 13F Portfolio: 3.61%

Number of Hedge Fund Holders: 30

Confluent, Inc. (NASDAQ:CFLT) produces cloud-native platforms for their clients to help their data-in-motion. It allows companies a real-time stream by connecting their applications. It was established in 2014, and the company’s market capitalization is $18.17 billion.

On August 5, 2021, Confluent, Inc. (NASDAQ:CFLT) released its second-quarter result 2021. The EPS of the company was -$0.31, which beat the estimate by $0.08. The company generated $88.4 million in revenue, up by 64% YoY, beating the analysts’ forecast by $11.48 million.

Brad Gerstner has 10.12 million shares in Confluent, Inc. (NASDAQ:CFLT) worth $480.72 million. It is a recent addition to the fund’s portfolio. Our data shows that the number of hedge funds having stakes in the company is 30 in the second quarter.



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