Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]...
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]...
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]...
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]...
Ahead of Roku's (ROKU) earnings report, questions were raised on whether the stock had rallied too far this year, and whether its meteoric rise was about to come to an end. It seems the market has answered that question today - Roku has taken a severe beating, dropping over-night by more than 10%.The drop follows yesterday’s third-quarter earnings announcement, and at first glance it might seem confusing, as Roku reported revenue that came in better than Wall Street initially predicted. But, leading up to the report, high expectations were in place for the streaming-device maker.Wedbush's Michael Pachter believes Roku is strategically well placed for expansion. However, the analyst thinks the stock fairly values the positive outlook, and sees about 15% downside from current levels. As a result, Pachter reiterates a Neutral rating on ROKU with a $105 price target. (To watch Pachter's track record, click here)Citing the positives, Pachter notes that...
