When fund managers invest in a stock, it can indicate that the business has great potential. Let’s look at the 8 stocks mutual funds are placing their bets on.
These stocks have seen a sudden spike in interest from mutual funds.
Whether the increase in stock price and high mutual fund participation is a purely tactical move or coincidental, only time will tell.
While mutual funds are bullish on these stocks, you shouldn’t simply follow what fund managers are doing.
Do your due diligence by understanding a company’s business model and take account of your long-term financial goals and risk appetite before investing.