FMP
May 23, 2024 7:34 AM - Parth Sanghvi
The investment landscape in 2024 has seen significant shifts, with U.S. long/short equity hedge funds showcasing an 8% return since the beginning of the year. This performance has been largely driven by prominent stocks within the 'Magnificent 7' group, which collectively have returned 16% year-to-date, a testament to their robust market presence. However, a broader market expansion has spurred hedge funds to diversify their investment approaches.
While the inclination towards mega-cap tech stocks has generally waned, Apple (NASDAQ: AAPL) emerges as an outlier, growing in popularity among hedge funds and joining Goldman's 'Rising Stars' list. This list also welcomes newcomers like The Bank of New York Mellon (NYSE: BK), Discover Financial Services (NYSE: DFS), and S&P Global, highlighting a bullish stance on financial entities.
Amidst reducing mega-cap tech stock exposure, hedge funds are significantly increasing their stakes in companies pivotal to AI infrastructure development. This 'Phase 2' infrastructure is crucial for supporting the broader application and integration of AI technologies.
Investors should consider:
For investors looking to delve deeper into financial analytics, the Financial Ratios API offers a comprehensive tool for assessing a company's financial health and comparing it with competitors. Utilize this resource to make informed investment decisions based on key financial ratios like P/B ratio and ROE.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...