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4 Stocks That Hedge Fund Managers Are Buying

Published 11/22/2021, 09:09 AM
Updated 11/22/2021, 10:31 AM
© Reuters.  4 Stocks That Hedge Fund Managers Are Buying
PFE
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MRO
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COTY
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Hedge fund managers are capitalizing on the current stock market pause by investing in fundamentally sound stocks Pfizer (PFE), AT&T (T), Marathon Oil (MRO), and Coty (NYSE:COTY). Analysts expect these industry-leading companies to witness tremendous growth over the next few months, which should result in substantial capital gains for investors. So, let’s discuss these names.The stock market’s bull run has been slowing down, driven by the sharp slowdown in macroeconomic growth and consumer spending. This is evident in the benchmark S&P 500 index’s 1.3% gains over the past week. Also, according to Oppenheimer technical analyst Ari Wald, “Over the last 30 years, there has been a tendency for the market to pause in mid-November ahead of a resumption of strength in December into year-end.”

Hedge fund managers are known to capitalize on such market slowdowns to rake in substantial profits by identifying fundamentally strong stocks that possess tremendous growth potential. Therefore, tracking activist hedge funds can allow investors to identify key investment opportunities now.

Despite the current market pause, hedge funds have been investing heavily in renowned industry leaders Pfizer Inc. (NYSE:PFE), AT&T Inc. (T), Marathon Oil Corporation (NYSE:MRO), and Coty Inc . (COTY). These companies are expected to generate substantial growth over the next few months despite the slowdown in consumer spending and supply chain concerns, thereby delivering an adequate return on investments (ROI).

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