Is Comfort Systems USA, Inc. (FIX) A Good Stock To Buy?

Judging by the fact that Comfort Systems USA, Inc. (NYSE:FIX) has gone through declining sentiment from the aggregate hedge fund industry, it’s easy to see that there exists a select few hedge funds that decided to sell off their positions entirely in the third quarter. It’s worth mentioning that Richard Driehaus’ Driehaus Capital got rid of the largest investment of the “upper crust” of funds monitored by Insider Monkey, valued at close to $2.7 million in stock, and Paul Marshall and Ian Wace’s Marshall Wace LLP was right behind this move, as the fund cut about $2.2 million worth of shares.

Let’s now take a look at hedge fund activity in other stocks similar to Comfort Systems USA, Inc. (NYSE:FIX). These stocks are Cray Inc. (NASDAQ:CRAY), Sturm, Ruger & Company (NYSE:RGR), Knowles Corp (NYSE:KN), and Neenah Paper, Inc. (NYSE:NP). All of these stocks’ market caps match FIX’s market cap.

As you can see these stocks had an average of 12 hedge funds with bullish positions and the average amount invested in these stocks was $55 million. That figure was $135 million in FIX’s case. Sturm, Ruger & Company (NYSE:RGR) is the most popular stock in this table. On the other hand Neenah Paper, Inc. (NYSE:NP) is the least popular one with only 10 bullish hedge fund positions. Compared to these stocks Comfort Systems USA, Inc. (NYSE:FIX) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

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