Goldman's "VIP basket" of hedge fund favored stocks has outperformed the S&P 500 in 60% of the quarter since 2001.
"Strong retail trading activity has contributed to an extraordinary rally of hedge fund favorite stocks," Goldman's research analyst Ben Snider said in a note to clients. The VIP list has returned 9% this year and 24% since the start of the fourth quarter last year. This compares to the S&P 500's 5% and 14% gains in the same periods of time, respectively.
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