Should I Buy SandRidge Energy Inc. (SD)?
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of SandRidge Energy Inc. (NYSE:SD).
Should we buy SandRidge Energy Inc. (SD)? Money managers were in an optimistic mood. The number of long hedge fund positions rose by 1 in recent months. SandRidge Energy Inc. (NYSE:SD) was in 14 hedge funds’ portfolios at the end of the third quarter of 2020. The all time high for this statistic is 23. Our calculations also showed that SD isn’t among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video for a quick look at the top 5 stocks). There were 13 hedge funds in our