5 Best Innovative Stocks To Buy According To Hedge Funds
In the first part of this article we explained that we are on the cusp of huge transformational technological changes and investors can generate huge returns by investing in the companies that will shape the future. The tricky part is identifying these companies in advance. For this we started with the top 50 holdings of ProShares MSCI Transformational Changes ETF (ANEW) and ranked those 50 stocks using Insider Monkey’s hedge fund sentiment data to identify the 15 best innovative stocks to buy according to hedge funds. Below we presented the 5 best innovative stocks. For the complete list please see
Horizon Kinetics Launches Inflation Beneficiaries Exchange Traded Fund (INFL)
Horizon Kinetics Launches Inflation Beneficiaries Exchange Traded Fund (INFL) Horizon Kinetics LLC announced the launch of its first exchange traded fund (ETF), the Inflation Beneficiaries ETF (INFL), an actively managed fund, which began trading on the New York Stock Exchange (NYSE) today. This active ETF will be managed using the same long-term, value-oriented, and proprietary research-driven philosophy that has guided the management of the Firms other products over the more than 20 years since Horizon Kinetics inception. The ETF seeks to address what Horizon Kinetics sees as the largest threat facing investors: Inflation, by identifying unique, scalable businesses that have the potential to thrive in an inflationary environment. For more information about INFL, please visit https://horizonkinetics.com/products/etf/infl/.
5 Best Mid-Cap Stocks Billionaire Brian Higgins’ King Street Loves the Most
5. Cheniere Energy, Inc. (NYSE: LNG)
King Street Capital has reduced its stake by 10% in Cheniere Energy, Inc. (NYSEMKT: LNG) during the September quarter after initiating a position in the second quarter. It is the fifth-largest stock holding of King Street Capital, accounting for 7.48% of the overall portfolio.
Shares of Cheniere Energy also outperformed the S&P 500 index in the past three months. Its shares rallied more than 36% in the last three months and the stock price soared 73% in the past nine months.
Horizon Kinetics has highlighted few stocks including Cheniere Energy in an investor’s letter. Here is what Horizon Kinetics stated:
TOTAL GLOBAL BOND MARKET YIELDS CLOSER TO 0% pic.twitter.com/v8W1vCNwN3
US DOLLAR FALL BETS INCREASING t.co/fKPKKbLxmF
For the first time in two years, bond investors are betting that U.S. inflation will average close to 2% per year over the coming decade t.co/9cVklLehPM
Is an #inflation outbreak in the making given that multiple economies experiencing massive monetary expansions? History shows inflation is prone to sudden regime shifts and since economists failed to foresee these turning points, nothing should be ruled out, @TS Lombard warns. pic.twitter.com/bKIsgPNtlW