SRK Capital recently released its Q1 2020 Investor Letter, a copy of which you can download here. The SRK Fund posted a return of 1.77% for the quarter, outperforming its benchmark, the S&P which returned -19.60% 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. There weren’t a lot of funds who could deliver these kinds of returns without shorting the market or using aggressive put options.
In the said letter, SRK Capital highlighted a few stocks and Nocopi Technologies Inc (OTCMKTS:NNUP) is one of them. Nocopi Technologies engages in the development and distribution of document security products. Year-to-date, Nocopi Technologies Inc (OTCMKTS:NNUP) stock gained 58.7% and on June 22nd it had a closing price of $0.125. Here is what SRK Capital said:
“Nocopi ended the quarter about -3% lower after recording record growth and profits for the 4 th quarter and year end of 2019. For the year, revenue and net income increased 39% and 181%, respectively. High margins and operating leverage are beginning to show through on the income statement as additional revenue drops to the bottom line. I expect Nocopi to continue its growth as its licensees continue to increase their distribution and product offerings around the globe. The company will surely experience some impact from the Coronavirus, with potentially some delays in their supply chain, but I am not overly concerned as they are well capitalized with a strong balance sheet. Nocopi continues to trade for less than 7x earnings.”
Our calculations showed that Nocopi Technologies Inc (OTCMKTS: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
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, 2020’s unprecedented market conditions provide us with the highest number of trading opportunities in a decade. So we are checking out stocks recommended/scorned by legendary Bill Miller. We interview hedge fund managers and ask them about their best ideas. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. Our best call in 2020 was shorting the market when the S&P 500 was trading at 3150 after realizing the coronavirus pandemic’s significance before most investors. You can subscribe to our free enewsletter below to receive our stories in your inbox:
Disclosure: None. This article is originally published at Insider Monkey.
