Seekingalpha writes: If you like following the “smart money,” you may be interested in this list. Analysts follow what institutional investors like hedge fund managers buy because they have access to sophisticated research and have a lot of experience in choosing investments – when they buy a stock, it’s a signal to take a second look….
1. The Mosaic Company (MOS): Engages in the production and marketing of concentrated phosphate- and potash-based crop nutrients for the agriculture industry worldwide. Market cap of $23.74B. RSI(14) at 39.41. Net institutional shares purchased over the current quarter at 22.4M, which is 5.02% of the company's 446.15M share float. It's been a rough couple of days for the stock, losing 6.46% over the last week.
2. Whole Foods Market, Inc. (WFM): Engages in the ownership and operation of natural and organic food supermarkets. Market cap of $11.30B. RSI(14) at 39.10. Net institutional shares purchased over the current quarter at 7.5M, which is 4.61% of the company's 162.68M share float. It's been a rough couple of days for the stock, losing 5.66% over the last week….
3. Oracle Corporation (ORCL): Develops, manufactures, markets, distributes, and services database and middleware software, applications software, and hardware systems worldwide. Market cap of $150.88B. RSI(14) at 38.59. Net institutional shares purchased over the current quarter at 176.4M, which is 4.48% of the company's 3.94B share float. It's been a rough couple of days for the stock, losing 7.4% over the last week...
We're not in the business of offering investment advice but there's nothing stopping you from finding out about the rest at http://seekingalpha.com/article/310299-9-oversold-large-caps-being-bought-up-by-hedge-funds
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