Upslope Capital recently released its Q4 2020 Investor Letter, a copy of which you can download here. The Fund returned 7.9% net of fees for the fourth quarter, as compared to the 24.4% return of the S&P Midcap 400 ETF and 7.8% return of the HFRX Equity Hedge Index. You should check out Upslope Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q4 2020 Investor Letter, Upslope Capital highlighted a few stocks and Bright Horizons Family Solutions Inc. (NYSE:BFAM) is one of them. Bright Horizons Family Solutions Inc. (NYSE:BFAM) is a child-care provider. In the last three months, Bright Horizons Family Solutions Inc. (NYSE:BFAM) stock lost 2.3% and on January 21st it had a closing price of $159.36. Here is what Upslope Capital said:
“Leading childcare provider with unique and dominant corporate partnership model. Hit hard by COVID-19 shutdowns, the BFAM platform should emerge competitively stronger and continue to benefit from longterm growth in demand for dependable, high-quality childcare.”
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Upslope Capital has been a long time Bright Horizons Family Solutions Inc. (NYSE:BFAM) bull. In October 2020, we shared Upslope Capital’s bullish BFAM’s thesis in this article.
In Q2 2020, the number of bullish hedge fund positions on Bright Horizons Family Solutions Inc. (NYSE:BFAM) stock increased by about 11% from the previous quarter (see the chart here), so a number of other hedge fund managers believe in BFAM’s growth potential. Our calculations showed that Bright Horizons Family Solutions Inc. (NYSE:BFAM) isn’t ranked among the 30 most popular stocks among hedge funds.
The top 10 stocks among hedge funds returned 216% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 121 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
Video: Top 5 Stocks Among Hedge Funds
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Disclosure: None. This article is originally published at Insider Monkey.
