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.

Is Manpowergroup Inc (MAN) a Good Stock to Buy?

Page 1 of 2

While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, the low commodity prices and the economic turmoil in China, many smart money investors are keeping their optimism regarding the current bull run, while still hedging many of their long positions. However, as we know, big investors usually buy stocks with strong fundamentals, which is why we believe we can profit from imitating them. In this article, we are going to take a look at the smart money sentiment surrounding Manpowergroup Inc (NYSE:MAN).

Is Manpowergroup Inc a superb investment today? The best stock pickers are getting less bullish. The number of bullish hedge fund bets went down by 1 lately. MAN was in 25 hedge funds’ portfolios at the end of September. There were 26 hedge funds in our database with MAN holdings at the end of the previous quarter. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Ingredion Inc (NYSE:INGR), NVR, Inc. (NYSE:NVR), and TECO Energy, Inc. (NYSE:TE) to gather more data points.

Follow Manpowergroup Inc.
Trade (MAN) Now!

If you’d ask most traders, hedge funds are assumed to be slow, outdated investment tools of years past. While there are more than 8,000 funds trading today, We hone in on the aristocrats of this club, about 700 funds. It is estimated that this group of investors handle most of all hedge funds’ total capital, and by following their unrivaled stock picks, Insider Monkey has unsheathed a number of investment strategies that have historically exceeded the market. Insider Monkey’s small-cap hedge fund strategy outstripped the S&P 500 index by 12 percentage points annually for a decade in their back tests.

Now, we’re going to view the key action surrounding Manpowergroup Inc (NYSE:MAN).

How are hedge funds trading Manpowergroup Inc (NYSE:MAN)?

At the end of the third quarter, a total of 25 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -4% from the previous quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of key hedge fund managers who were boosting their holdings meaningfully (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Larry Robbins’ Glenview Capital has the number one position in Manpowergroup Inc (NYSE:MAN), worth close to $494.5 million, comprising 2.5% of its total 13F portfolio. Coming in second is AQR Capital Management, managed by Cliff Asness, which holds a $125.3 million position; the fund has 0.3% of its 13F portfolio invested in the stock. Some other professional money managers with similar optimism comprise Chuck Royce’s Royce & Associates, Alexander Mitchell’s Scopus Asset Management and Ken Griffin’s Citadel Investment Group.

Page 1 of 2

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...
X

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!