5 Great Stocks for Beginners to Invest in for the Summer of 2023

Want to start investing soon but need some direction before you do?  We've done the research for you and we liked this approach featured in Yahoo finance.  They combed through the most well-liked stocks among hedge funds in Insider Monkey's database of over 900 elite hedge funds to identify the top beginning stocks to purchase right now. They limited their selection to the top ten equities, each of which had a three-year revenue growth rate of between 7% and 15% and was held by the majority of money managers.  They state that their goal was to locate dependable businesses with promising futures for expansion. According to the amount of hedge funds that have investments in each stock, they have sorted them in ascending order:

5. The Sherwin-Williams Company (NYSE:SHW)

Revenue Growth (YoY): 11.05%

3-Year Revenue Growth: 7.36%

Number of Hedge Fund Holders: 64

4. Costco Wholesale Corporation (NASDAQ:COST)

Revenue Growth (YoY): 11.50%

3-Year Revenue Growth: 13.97%

3. Humana Inc. (NYSE:HUM) 

Revenue Growth (YoY): 10.31%

3-Year Revenue Growth: 12.69%

Number of Hedge Fund Holders: 67

2. CVS Health Corporation (NYSE:CVS) 

Revenue Growth (YoY): 10.56%

3-Year Revenue Growth: 7.94%

Number of Hedge Fund Holders: 70

1. Intuitive Surgical, Inc. (NASDAQ:ISRG)

Revenue Growth (YoY): 8.89%

3-Year Revenue Growth: 11.78%

Number of Hedge Fund Holders: 70

Source: Yahoo Finance

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