Were Hedge Funds Right About Betting On Bristol-Myers Squibb Company (BMY)? [Yahoo! Finance News]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance News
Were Hedge Funds Right About Betting On Bristol-Myers Squibb Company (BMY)? Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees during the first half of 2019 amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by usually invest a disproportionate amount of their portfolios in smaller cap stocks. We have been receiving indications that hedge funds were increasing their overall exposure in the second quarter and this is one of the factors behind the recent movements in major indices. In this article, we will take a closer look at hedge fund sentiment towards Bristol-Myers Squibb Company NYSE: BMY 30 most popular stocks among hedge funds In the financial world there are a large number of tools investors have at their disposal to grade stocks. A pair of the most under-the-radar tools are hedge fund and
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