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Trading Ideas

Hedge Funds Are Warming Up To Exelixis, Inc. (EXEL)

Hedge funds are known to underperform the bull markets but that’s not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […] …read more […]

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Corning Incorporated (GLW): Are Hedge Funds Right About This Stock?

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

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Hedge Funds Are Buying Eastman Chemical Company (EMN)

Hedge funds are known to underperform the bull markets but that’s not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […] …read more […]

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Trading Ideas

UPDATE 1-FDA approves Amgen's biosimilar to J&J's rheumatoid arthritis drug

The U.S. Food and Drug Administration on Friday approved Amgen Inc’s biosimilar copy of Johnson & Johnson’s blockbuster rheumatoid arthritis drug, Remicade, according to the regulator’s website. The biosimilar, Avsola, has the same chemical components, dosage form and strength as Remicade and would treat a range of autoimmune disorders. Amgen did not give the pricing of the drug immediately, but said is confident to compete in the biosimilar market. …read more […]

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Hedge Funds Turning Their Backs On Edison International (EIX)

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […] …read more […]

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Hedge Funds Love Cleveland-Cliffs Inc (CLF) Way More Than These 3 Stocks

Is Cleveland-Cliffs Inc (NYSE:CLF) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting […] …read more […]

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UPDATE 1-Elon Musk defamation trial in homestretch, jury may get case Friday

Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end. Lawyers for Musk and the cave explorer Vernon Unsworth are expected to deliver closing arguments later in the day, and the three-man, five-woman jury is expected to begin deliberating shortly afterward. Jurors must decide unanimously whether Musk, 48, defamed Unsworth with three July 15, 2018 tweets, and if so how much the billionaire must pay in damages. …read more […]

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Hedge Funds Think GrafTech International Ltd. (EAF) Is A Good Stock To Buy

Is GrafTech International Ltd. (NYSE:EAF) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […] …read more […]

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Business News

U.S. agencies looking into Goldman-1MDB settlement below $2 billion: Bloomberg

Goldman Sachs Group Inc could end up paying less than $2 billion to resolve criminal and regulatory probes over its role in raising money for scandal-ridden Malaysian investment fund 1MDB, Bloomberg reported on Friday, citing three people familiar with the negotiations.

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