The market has been sluggish for months...The moment is not ideal to abandon stocks because many high-growth businesses are currently trading at a discount due to market gloom, which might result in significant long-term gains if you invest in them. The three equities listed below are ones that hedge funds consider to have strong growth potential.
The New York-based hedge fund Capital Y Management described PlantX as "a market leader with a revolutionary business in a rising industry with long-term tailwinds" in a recent independent research report on PlantX. Capital Y Management has set a 12-month price objective of C$0.67 per common share, translating to a C$68 million enterprise value for PlantX.
Hedge funds frequently increase their stakes in NVIDIA, making it a favorite among them. In the first quarter, KG&L Capital Management LLC grew its holdings in NVIDIA by 15.7%. Ken Griffin's Citadel fund grew its stake in the business by more than 56% in Q4 2021. CENTRAL TRUST Co, Welch Group LLC, and Shelton Wealth Management LLC are three additional hedge funds that have raised their holdings in NVIDIA.
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