Hedge Funds Are Crazy About Expedia Inc (EXPE)

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as Expedia Inc (NASDAQ:EXPE) but similarly valued. We will take a look at Nielsen Hldg NV (NYSE:NLSN), Vale SA (ADR) (NYSE:VALE), Energy Transfer Partners LP (NYSE:ETP), and Smith & Nephew plc (ADR) (NYSE:SNN). This group of stocks’ market values match EXPE’s market value.

As you can see these stocks had an average of 17 hedge funds with bullish positions and the average amount invested in these stocks was $305 million. That figure was $3.43 billion in EXPE’s case. Nielsen Hldg NV (NYSE:NLSN) is the most popular stock in this table. On the other hand Smith & Nephew plc (ADR) (NYSE:SNN) is the least popular one with only 10 bullish hedge fund positions. Compared to these stocks Expedia Inc (NASDAQ:EXPE) is far more popular among hedge funds. Considering that hedge funds are very fond of this stock in relation to its market cap peers and that it appears poised for further growth, it may be a good idea to analyze it further and potentially include it in your portfolio.

Disclosure: None