Apple Inc., Google Inc Find Hedge Fund Love

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Mark Melin
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The stocks that hedge funds “love most” is a mix of boring traditional automotive picks, such as General Motors Company (NYSE:GM) and Hertz Global Holdings, Inc. (NYSE:HTZ), to sizzling tech stocks such as Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG), in competition to dominate “the Internet of things.” Hedge funds performance While hedge funds are often considered smart money, the largest US hedge funds poorly lagged general stock market indices.  The hedge funds delivered at 1% year to date versus S&P 500’s 7% due to their heavy emphasis on consumer discretionary stocks, a MarketWatch report noted.  The hedge funds also…


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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.