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Were Hedge Funds Right About Flocking Into Amarin Corporation Plc (amrn) ?

by finance.yahoo.com posted 4months ago 28 views
Is Amarin Corporation plc (NASDAQ:AMRN) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably but historically their consensus stock picks outperformed the market after adjusting for known risk factors. Amarin Corporation plc (NASDAQ:AMRN) has experienced an increase in hedge fund sentiment in recent months. Our calculations also showed that AMRN isn't among the 30 most popular stocks among hedge funds.

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