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3 Stocks Hedge Funds Are Loading Up On In Q4

The list of stocks hedge funds are buying is always lengthy but according to Morgan Stanley, hedge funds have been allocating capital to a select group of beaten down stocks on expectations that they will likely rebound in the coming months. Hedge funds are taking advantage of the 3% and 4% decline in European and U.S bank stocks. Morgan Stanley said that hedge funds began adding to their positions in bank and insurance stocks in August, reaching a 12-month high by September 21 of this year.

Also on the list of stocks hedge funds are buying are industrial and energy companies, mainly oil producers. Energy stocks have gotten more attractive with crude oil spiking above $85 a barrel after war broke out in Israel. This price increase is likely to boost future profits of oil producers. Here are three stocks hedge funds are buying in Q4 of this year.

This post appeared first on InvestorPlace.