Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Five ADRs To Buy Now

Page 1 of 3

American Depositary Receipt (ADR) is a certificate issued by a U.S. bank that represents a specified number of shares of a foreign stock that is traded on a U.S. stock exchange. These receipts were introduced to reduce the expenses associated with listing a foreign stock on a U.S. exchange and to help investors manage their foreign investments in U.S. dollars. In this article we’ll take a look at some of the most popular ADRs among top hedge funds.

An everyday investor doesn’t have the same resources and capabilities to analyze different publicly-traded companies as hedge funds do. This is why it is a good idea to see what stocks hedge funds like the most and try to imitate some of their bullish moves in an attempt to reap market-beating returns. At Insider Monkey, we follow the activity of several hundred of the best-performing hedge funds as part of our strategy. We analyze their 13F filings and use the data to see what stocks they are collectively bullish on. Through extensive research, we have determined that the best approach to outperform the broader indices is to follow hedge funds into their top small-cap ideas (see more details here).

At the end of the 2015, roughly 39% of JD.Com Inc (ADR) (NASDAQ:JD) common stock was held by 78 elite hedge funds from our database, up from 71 a quarter earlier. Tiger cub Chase Coleman is bullish on this stock and his fund, Tiger Global Management, held 59.6 million shares of JD.Com Inc (ADR) (NASDAQ:JD) at the end of December, its third-largest position, worth roughly $1.92 billion. Stephen Mandel‘s Lone Pine Capital, on the other hand, chose to distance from the stock and has reduced its holding by 38% to 26.9 million shares. JD.Com Inc (ADR) (NASDAQ:JD) has been slowly closing the gap on Alibaba Group Holding Ltd (NYSE:BABA) in their battle for the Chinese online shopping market. However, that came at a cost and, with expenses continuing to pile up, analysts have recently reduced their earnings estimates. According to a report by Bloomberg, analysts’ average profit forecast for 2016 has dropped to $0.34 per share from previous estimates of $0.78 per share.

Follow Inc (NASDAQ:JD)
Trade (NASDAQ:JD) Now!

Page 1 of 3

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!