Let’s now review hedge fund activity in other stocks similar to Intrepid Healthcare Services Inc (NASDAQ:IPCM). We will take a look at Moelis & Co (NYSE:MC), Oil States International, Inc. (NYSE:OIS), La-Z-Boy Incorporated (NYSE:LZB), and Air Methods Corp (NASDAQ:AIRM). This group of stocks’ market valuations resemble Intrepid Healthcare Services Inc’s market valuation.
|Ticker||No of HFs with positions||Total Value of HF Positions (x1000)||Change in HF Position|
As you can see these stocks had an average of 16.25 hedge funds with bullish positions and the average amount invested in these stocks was $86 million. That figure was $260 million in Intrepid Healthcare Services Inc’s case. Oil States International, Inc. (NYSE:OIS) is the most popular stock in this table. On the other hand Moelis & Co (NYSE:MC) is the least popular one with only 11 bullish hedge fund positions. Intrepid Healthcare Services Inc (NASDAQ:IPCM) is not the least popular stock in this group but hedge fund interest is still below average, though the amount of money invested in it is higher than any of the other stocks. Given that, and the rising interest in it among top investors, it may be a good idea to study Intrepid Healthcare Services Inc further and potentially add it to your portfolio.