This has been especially true so far in 2019. Boasting an 18% return, a-maintained basket of the stocks most popular with hedge funds has beaten the benchmark by a full three percentage points this year.
And lest you think it's too late to invest in these stocks since they've already risen so much, Goldman is here to dispel that notion. The firm has run the numbers and found that hedge-fund ownership has historically been a strong signal for future stock returns. "Rather than signaling 'over-ownership,' stocks with a large number of hedge fund owners have consistently outperformed peers," a group of Goldman strategists wrote in a recent client note."Surprisingly, this pattern has held even for stocks with elevated multiples relative to their histories."With that established, following the lead of hedge funds seems like a sound strategy. To that end, we've provided below the stocks most popular with them.
The list is based on the holdings of 855 hedge funds with $2.1 trillion of gross equity positions, as analyzed by Goldman at the start of the second quarter. The 17 most popular stocks are listed in increasing order of how many hedge funds own them.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More active managers are beating the stock market again thanks to the trade war: Goldman SachsMutual funds are having one of their best years since the financial crisis, with 42% of large-cap active mutual funds outperforming their benchmarks so far in 2019, well above the 34% rate averaged during the last decade
Source: MarketWatch - 🏆 3. / 97 Read more »
Apple's earnings would drop by nearly 30% if China bans its products, Goldman Sachs saysApple's China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion. Awwwww. Poor tech sweat shop. I’m sure they’ll be okay... while farmers lose! If the US play hard ball I would not be surprised if they will be kicked out of the country
Source: CNBC - 🏆 12. / 72 Read more »
GOLDMAN SACHS: These 16 stocks will get crushed on a sharp market pullback. Here’s a dirt-cheap way to profit from their demise.Goldman Sachs has identified 16 vulnerable stocks that have low free cash flow, and whose hedges looks cheap relative to the broader market.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Active managers are beating the market again and Goldman has a strategy to ride their coattailsActive managers are having a breakout year and Goldman Sachs has a way to mirror their strategy.
Source: CNBC - 🏆 12. / 72 Read more »
More active managers are beating the stock market again thanks to the trade war: Goldman SachsMutual funds are having one of their best years since the financial crisis, with 42% of large-cap active mutual funds outperforming their benchmarks so far in 2019, well above the 34% rate averaged during the last decade
Source: MarketWatch - 🏆 3. / 97 Read more »
GOLDMAN SACHS: These 16 stocks will get crushed on a sharp market pullback. Here’s a dirt-cheap way to profit from their demise.Goldman Sachs has identified 16 vulnerable stocks that have low free cash flow, and whose hedges looks cheap relative to the broader market.
Source: BusinessInsider - 🏆 729. / 51 Read more »