Bank of America: Hedge funds are bracing for worse times and are overconfident in these 20 stocks (part 2).
Continued from yesterday's status:
11. Lamb Weston
Sector: essential consumer goods and services
Difference in LONG and SHORT positions: 10.1%
12. Bio-Rad Laboratories
Sector: Healthcare
Difference in LONG and SHORT positions: 10 %
13. Viatris
Sector: Healthcare
Difference in LONG and SHORT positions: 9.2%
14. Targa Resources
Sector: Energy
Difference in LONG and SHORT positions: 9.2%
15. Fair Isaac
Sector: Technology
Difference in LONG and SHORT positions: 9 %
16. Seagate Technology
Sector: Technology
Difference in LONG and SHORT positions: 8.6%
17. Newell Brands
Sector: Residual Consumer Goods and Services
Difference in LONG and SHORT positions: 8,4 %
18. Fidelity National Information Services
Sector: Finance
Difference in LONG and SHORT positions: 8,4 %
19. Caesars Entertainment
Sector: Residual Consumer Goods and Services
Difference in LONG and SHORT positions: 8.2%
20. Marathon Oil
Sector: Energy
Difference in LONG and SHORT positions: 8.1%
And that's it :)
Fair Isaac's performance here is truly admirable, at least the one that's shown on the chart. I guess it's too late to go long there...