3 Hedge-Fund Stocks to Buy and Forget About
Investment ideas are everywhere these days. But one of the best places to search for quality investment ideas is the ownership filings made by hedge funds. These organizations exist for one reason and one reason only: to make a profit buying and selling stocks. And while not all hedge funds generate market-beating returns, many are run by the smartest minds in the business that have generated billions in profits for their investors.
After perusing the regulatory filings of the best performing funds, our Foolish investing contributors identified three stocks that top hedge funds own that investors should consider owning, too: Philip Morris International (NYSE: PM), Howard Hughes Corp. (NYSE: HHC), and Workiva (NYSE: WK). Below are all of the key details on these three stocks and why they are worth buying and forgetting about.
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Source: Fool.com
Philip Morris International Stock
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -3.36% for Philip Morris International as the target price of 108 € is below the current price of 111.76 €.
