August 17, 2020

5 Unknown Stocks Hedge Funds are Betting On

Midas Letter
Midas Letter
5 Unknown Stocks Hedge Funds are Betting On

Every quarter, the largest hedge funds and institutional investors have to disclose what they have been investing in. This SEC 13F Form allows a little sneak peak into what the “smart money” is doing in the market.

You will always find stocks like Amazon, Apple, Paypal, etc. among the ranks, but we are more interested in what stocks the fastest growing funds have been accumulating that aren’t common knowledge. So, we’ve done the digging for you and here is what we have found:

1… Used car dealer Vroom Inc (NASDAQ:VRM)

2… Commercial real estate network CoStar Group Inc (NASDAQ:CSGP)

3… NASDAQ-100 NetApp replacement┬áPinduoduo Inc (NASDAQ:PDD)

4… Brazilian e-commerce company which Warren Buffett has a share in StoneCo Ltd (NASDAQ:STNE)

5… You will have to watch the full interview to find out the other stocks we are trading this week along with how we are going to trade retail earnings like Walmart and what we think about Warren Buffett’s investment into gold.


Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

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