Billionaires Are Buying These 2 Beaten-Down Stocks. Are They Smart Buys for Your Portfolio?

Are you a successful asset manager who has already amassed more than $1 billion in personal wealth? If not, there are probably a few things you can learn from the small list of folks who have.

Luckily for us everyday investors, the Securities and Exchange Commission makes everyone who manages more than $100 million report their trades every three months.

A look at the latest round of disclosures from Baker Bros. Advisors shows the billionaire brothers who manage the firm, Julian and Felix, made bets on more than a dozen biopharmaceutical stocks during the first three months of 2024.

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Source Fool.com