21 stocks small-cap funds are buying the most to bet on explosive earnings growth, according to a fintech company
He suggests looking at whether funds are accumulating shares on a quarterly basis. Sifting through quarterly earnings reports to determine which companies have future potential is a daunting task if you're just one person.
But looking at mainstream stocks isn't the only way to gain an edge on the broader stock market or to try and determine what Wall Street favors at any moment. Large funds and other institutional investors have the capacity to move a stock's price higher when they buy. But high institutional ownership is only one part of the equation, said Wilton Risenhoover, the CEO and founder of Fintel. He suggests that investors also track whether funds are adding shares to their portfolios or if new funds are buying a stock, and then weighing those data points.
For example, Shoals Technologies Group Inc. , a solar-energy company, saw six additional funds add its stock to their portfolios in the first quarter of 2023. But it also saw a 41% increase in the number of shares held by funds, which points to more bullish sentiment.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Apple is relying on Chinese suppliers to build the Vision Pro headsetApple may be diversifying supply chains away from China — but it's still relying on the country's suppliers to build the Vision Pro headset
Baca lebih lajut »
5 thoughtful ways to entertain clients on a business tripWhatever you do, don't build in too much physical activity — you never know what your clients will be up for. ad IHGhotels
Baca lebih lajut »
Sam Altman made AI voice clone of Marc Benioff giving JFK speechSam Altman made an OpenAI voice clone of Marc Benioff giving a JFK speech at a dinner meeting, and now the audio sample can't be located, reports say
Baca lebih lajut »
How to improve communication skills in the workplaceInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Baca lebih lajut »
China's economy is imploding. That's a problem for US, Wall Street.Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Baca lebih lajut »
See inside Walt Disney's onetime LA home, renting for $40,000 a monthWalt Disney's Los Angeles home, where he created 'Cinderella' and 'Pinocchio,' is on the market as a $40,000-per-month rental. See inside.
Baca lebih lajut »