3 Tech Stocks That Hedge Funds Are Buying
NEW YORK (TheStreet) -- As hedge funds try to beat the broader equity market to attract client money, they are placing increased bets on the same companies, particularly faster-growing technology stocks.
Goldman Sachs has put out its "hedge fund 'very important position' (VIP) list," made up of the stocks that hedge funds have taken large stakes in, betting on the fundamental outlook for a select group of companies.
Goldman Sachs: How to Invest Like a Hedge Fund
The Goldman "VIP" stock list includes Apple (AAPL), Google (GOOG) and Microsoft (MSFT). In total there are 50 companies on the list.
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