Author: Vitaliy Dadalyan

Nordstrom, Inc. (JWN): Hedge Funds Are Buying

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]...

Hedge Funds Are Coming Back To II-VI, Inc. (IIVI)

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of June 30th, when the S&P 500 Index was trading around the […]...

2 New Tesla Vehicles To Be Produced At Gigafactory Berlin, Shanghai

At its Battery Day last week, Tesla Inc. (NASDAQ: TSLA) revealed plans to build a smaller, more affordable $25,000 all-electric vehicle. While no details were presented, the company's new 4680 battery is what will allow it to produce a low-cost car.Now, a new tweet from CEO Elon Musk has revealed plans for multiple new vehicles. When responding to a fan, Musk said both Tesla Gigafactory Berlin and Gigafactory Shanghai would be producing new vehicles, unique to each factory. Whether the new $25,000 Tesla is one of these vehicles is unknown.> Both will do original cars> > -- Elon Musk (@elonmusk) September 28, 2020Benzinga's Take: This is a pretty surprising development, considering after the unveiling of the Cybertruck, Musk said Tesla was done with new vehicles for a while. Although these cars won't be out for a few years, that Musk is already talking about them means Tesla probably knows what they...