🚀 Finance fans, rejoice! Goldman Sachs has revealed six "shared favorites" among hedge funds and mutual funds for Q3, including Cigna, Fiserv, Uber, Workday, Visa, and Mastercard. 💳
- These stocks have risen 14% this year, just 1% behind the S&P 500.
- They boast a strong, long-term track record of outperformance.
- An equal-weighted list of shared favorites has a 14% annualized return, compared to 13% for the S&P 500.
Stocks have been driven by company-specific news, making it a great time for stock pickers to capture alpha. 📈 Both hedge funds and mutual funds have benefited from the broader cyclical rally, especially in the energy sector. Happy investing!