Were Hedge Funds Right About GATX Corporation (GATX)?
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 900 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile failures like hedge funds’ 2018 losses in Facebook and Apple. Let’s take a closer look at what the funds we track think about GATX Corporation (NYSE:GATX) in this article.
Is
GATX Corporation (NYSE:GATX) a bargain? Hedge funds were in an optimistic mood. The number of long hedge fund positions moved up by 4 lately. GATX Corporation (NYSE:GATX) was in 16 hedge funds’ portfolios at the end of March. The all time high for this statistic is 21. Our calculations also showed that GATX isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings).
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