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Was The Smart Money Right About Eli Lilly And Company (lly)?

by finance.yahoo.com posted 3weeks ago 33 views
Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren't timid and registered double digit market beating gains. Financials, energy and industrial stocks initially suffered the most but many of these stocks delivered strong returns since November and hedge funds actually increased their positions in these stocks. In this article we will find out how hedge fund sentiment towards Eli Lilly and Company (NYSE:LLY) changed recently.