Is Time Warner Inc (TWX) A Good Stock To Buy?

As industrywide interest jumped, specific money managers were leading the bulls’ herd. Corvex Capital, managed by Keith Meister, established a position in Time Warner Inc (NYSE:TWX). Corvex Capital had $68.8 million invested in the company at the end of the quarter. Benjamin A. Smith’s Laurion Capital Management also made an $51.6 million investment in the stock during the quarter. The following funds were also among the new TWX investors: Steven Tananbaum’s GoldenTree Asset Management, Eric Bannasch’s Cadian Capital, and James Dinan’s York Capital Management.

Let’s go over hedge fund activity in other stocks similar to Time Warner Inc (NYSE:TWX). These stocks are Telefonica S.A. (ADR) (NYSE:TEF), America Movil SAB de CV (ADR) (NYSE:AMX), Royal Bank of Scotland Group plc (ADR) (NYSE:RBS), and Express Scripts Holding Company (NASDAQ:ESRX). This group of stocks’ market valuations are closest to TWX’s market valuation.

As you can see these stocks had an average of 20.25 hedge funds with bullish positions and the average amount invested in these stocks was $923 million. That figure was $4321 million in TWX’s case. Express Scripts Holding Company (NASDAQ:ESRX) is the most popular stock in this table. On the other hand, Telefonica S.A. (ADR) (NYSE:TEF) is the least popular one. In comparison, Time Warner Inc (NYSE:TWX) with 69 bullish hedge fund positions is even more popular than Express Scripts Holding Company (NASDAQ:ESRX). Further research may indicate that this stock could make for a good addition to your portfolios.