SRK Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 44.8% for the second quarter, outperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out SRK Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.
In the said letter, SRK Capital highlighted a few stocks and Nocopi Technologies Inc (NYSE:NNUP) is one of them. Nocopi Technologies Inc (NYSE:NNUP) engages in the development and distribution of document security products. Year-to-date, Nocopi Technologies Inc (NYSE:NNUP) stock gained 126.7% and on September 4th it had a closing price of $0.17. Here is what SRK Capital said:
“Nocopi reported a 22% increase in revenues year over year. Product sales increased 61% year over year, which will lead to higher future royalties. The company has been aggressively increasing their inventory this year to keep up with demand as they head into their busiest two quarters of the year. Shares have strongly rallied this year on continued revenue and cash flow growth. Even with the increase in share price Nocopi is still a bargain at less than 12 times earnings. At the moment, there is not much more I can say about Nocopi that I haven’t already explained in previous letters to you. I will continue to keep you updated on the company’s progress.”
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Our calculations showed that Nocopi Technologies Inc (NYSE:NNUP) isn’t ranked among the 30 most popular stocks among hedge funds.
The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 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.