In this article we are going to use hedge fund sentiment as a tool and determine whether Brown & Brown, Inc. (NYSE:BRO) is a good investment right now.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don t make them change their opinion towards a.
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors.