As the market rebounds from its lows in late March and investors bet on a coronavirus vaccine, both hedge funds and mutual funds are overweight in healthcare stocks but they don’t agree on the prospects of beaten-down sectors like financials and energy, the latest Hedge Fund Trend Monitor and Mutual Fundamentals reports from Goldman Sachs show....
There are 13 stocks that are “shared favorites” among both hedge funds and mutual funds: Adobe, Bank of America, Bristol-Myers Squibb, Citigroup, Crown Holdings, Comcast, Salesforce, Google parent Alphabet, Mastercard, ServiceNow, PayPal, UnitedHealth Group and Visa.
skleb1234 Be careful. It is a hollow WallStreet rally unsubstantiated by any strong fundamentals.
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »