The all time high for this statistic is 67. Citizens Financial Group Inc (NYSE: CFG) was in 41 hedge funds' portfolios at the end of the first quarter of 2021. The number of bullish hedge fund positions improved by 3 lately. Is Citizens Financial Group Inc (NYSE: CFG) an excellent investment right now? Prominent investors were taking a bullish view. Let’s take a look at the hedge fund sentiment towards Citizens Financial Group Inc (NYSE: CFG) to find out whether there were any major changes in hedge funds' views. As a result we observe sudden and large changes in hedge fund positions depending on the news flow. We are now in a stock pickers market where fundamentals of a stock have more effect on the price than the overall direction of the market. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don't make them change their opinion towards a company.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |