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Maverick Capital’s Highest Conviction Pick Abercrombie & Fitch Jumped

Maverick Capital purchased 6.77 Million shares of Abercrombie Fitch (ANF) at an average price of $39.32 per share during the third quarter. Insider Monkey, using its proprietary ranking system, determined that this was Maverick’s highest conviction purchase and published an article about it over the weekend. Today ANF jumped $5.58, or 11.06%.

Abercrombie & Fitch Co. (NYSE:ANF)

Maverick Capital made more than $113 Million from this transaction. Outsiders who monkeyed Maverick’s highest conviction trade when it became public on November 15th made 23% in a little more than two weeks. Soon, Insider Monkey will provide a comprehensive list of the top 25 stocks that are favored by prominent hedge funds. We believe prominent hedge funds’ newest and highest conviction purchases will be able to beat the index funds and generate a respectable alpha. Details will soon follow….

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

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