29 Stocks Insiders And Hedge Funds Are Crazy About
By Insider Monkey:
track more than 300 hedge funds. Hedge funds devote significant resources to researching stocks. Sometimes hedge funds cross the line and try to obtain material non-public information before investing. Corporate insiders have material non-public information. Sometimes they trade based on it. Other times they have an edge because they know their companies and industries better than almost all investors. We believe that by imitating the stock picks of these smartest investors in the world, investors are more likely to beat the market in the long term.
Below we compiled a list of 29 stocks that have insider purchases last week and are held by at least 17 hedge funds followed by Insider Monkey.