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Aramco Up for Third Session With Eye on Passive Flows: Inside EM

(Bloomberg) — Saudi Aramco shares advance for a third session — though the market valuation remained below $2 trillion — with investors focusing on the energy company’s inclusion in major international equity indexes this week.The stock climbs 1% in Riyadh, extending gains since it started trading on Wednesday to 16%. The main Saudi index also advances, along with peers in the Middle East, as they catch up with global markets after the U.S. and China agreed on a phase-one trade deal last week.MSCI Inc., which compiles the most popular emerging-market equities index, will add Aramco to its benchmarks using the …read more […]

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Gulf Arabs Take Fitful Steps to End Qatar Rift as Iran Looms

(Bloomberg) — Qatar isn’t currently in talks with the United Arab Emirates over mending a 30-month regional diplomatic and economic rift, Qatari Foreign Minister Mohammed bin Abdulrahman Al Thani said in a Bloomberg TV interview.Qatar has held discussions with Saudi Arabia, however, and the easing of its earlier impasse with the kingdom has enabled the two neighbors to develop a line of communication, Al Thani said on Saturday in the Qatari capital. He held out the possibility of similar talks in the future with the U.A.E.“Our conversation right now is with Saudi Arabia, and we think we are going to …read more […]

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Is Viking Therapeutics, Inc. (VKTX) A Good Stock To Buy?

“The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […] …read more […]

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Is Lands’ End, Inc. (LE) A Good Stock To Buy?

As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the third quarter. We get to see hedge funds’ thoughts towards the market and […] …read more […]

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Do Hedge Funds Love Globalstar, Inc. (GSAT)?

Is Globalstar, Inc. (NYSE:GSAT) 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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Is Hawaiian Holdings, Inc. (HA) A Good Stock To Buy?

Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren’t very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […] …read more […]